MomentumOptionsTrading.com Weekly Wrap for 4/28/13

11:30pm (EST)

 

1.  Market Summary 

2.  Pizza Inn (PZZI) Update

3.  Walter Energy (WLT) Getting Attractive

4.  Earnings

5.  Weekly Wrap Portfolio Update 

6.  Week Ahead

 

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1.  Market Summary   

“The bears made a strong statement last week but Friday’s recovery was slightly bullish.  There were a number of sectors and stocks in play and while much of the news was bearish, the bulls held longer-term support despite the short-term breakdown.  Earnings and economic news will continue to be the driver of near-term catalysts for April but May is shaping up to be the battleground for a breakout or breakdown, or a continued trading range.

The breakdown in commodities continued with a slight rebound by week’s end.  We wanted to update the Copper chart because we have mentioned it gives a good view of the overall global economy.  We have been warning of Copper’s impending drop below $3.50 for months and last week’s breakdown may have finally caught Wall Street’s eye.  Copper tanked to a low of $3.08 last weekend is at its lowest level since October 2011.  A close below $3 would signal a slowdown in the global economy and will be a big story which, in turn, could lead to weakness in the market as the pros lock-in current gains for the year.

COPPER42813

Gold fell to a low of $1,321 last Monday but rebounded to clear $1,400.  It’s been a dead cat bounce with 4 lives as Gold closed higher the rest of the week.  Last week’s chart clearly showed the drop to $1,400 coming but we were a little surprised of the test to $1,300 come so quickly.  The short-term charts showed a possible test to $1,325 but we have a feeling Gold could test $1,000 at some point if the selling pressure returns.

GOLD42813

Silver tested a low of $22 and we said last week a test to $22.50 was in the cards.  We are salivating to see Silver fall to $20, or below, but the spot prices are still incredibly high.  We did call around and found some silver for under $3 a spot so we are actively seeking to add to our position,  If Silver falls below $20, we wouldn’t mind paying a $2-$3 spot for American Eagles, or open up a coin shop to play the rebound to $50 down the road.  Silver is a big component of manufacturing and while it may take 3-5 years for a double, buying silver at these levels is starting to look luscious.  For those of you that have never purchased Silver, start buying third positions at current levels in case it does get cheaper.  Buy another third at $20 and if we get lucky and Silver drops to the teens, complete the rest of your purchase.

SILVER42813

Earnings were a mixed bag with some good, some bad but overall, they were ugly.  We were looking at Tech and the Financials, specifically, for clues of a test to news highs or a break below support.  The earnings bar is really low for a lot of companies to beat Wall Street’s estimates but it’s the revenue shortfalls that we are noticing.  Over 65% of the companies that have reported beat earnings buy only 55% are topping revenue.

We wanted to see a breakout in the Financial stocks but when JPMorgan (JPM, $47.23, up $0.59) failed to break $50 on its earnings report, we knew the sector could be in trouble.  Bank of America (BAC, $11.66, up $0.22) fell below its 50-day and 100-day moving average (MA) and Goldman Sachs (GS, $138.72, up $0.12) failed to clear $150 when they confessed to the suit-and-ties.  The Financial Select Spiders (XLF, $18.08, up $0.25) give a better snapshot of the recent weakness and could be a good tell if they will help or hurt the bulls’ case.  The break above $18.50 was bullish the prior week for a possible test to $20 and continued new highs but the close below $18 and back test is worrisome.  The XLF looks like it could fall to $17.50 and a close below $17.25 would be bearish.  A rebound and close above $18.25 would be bullish.

XFL42813

As far as Tech, we felt there was a chance Google (GOOG, $799.87, up $33.96) would miss Wall Street’s estimates but it would have been a hard bet to make and why we didn’t.  Shares recently topped out at $844 and the cat calls for $1,000 were growing louder so you had to respect the upside as the company beat estimates by 92 cents a share.  Google came in at $11.58 while the suit-and-ties had penciled in $10.66.  However, revenues came in at $13.97 billion versus estimates for $14.09 billion.  The big story Wall Street is missing is the huge tax break Google got during the quarter for “Federal research”.  If analysts were to back this number out of the equation then Google would have earned $10.36 a share and missed by 30 cents!

We haven’t talked about negative Monday/ Friday closes in a while as Friday’s have been mostly bullish all year long with Monday’s mixed to bearish over the past few months.  However, the blue-chips had a lower previous Friday and a lower Monday before Friday’s slightly higher close.  We were amazed to see the blue-chips end in positive territory after International Business Machines (IBM, $190.00, down $17.15) rare earnings miss.  The 8% drop in the stock accounted for 130 negative Dow points and McDonald’s (MCD, $99.92, down $1.99) added another 15 red points.  If the Dow ends higher on Monday it would suggest a continued trading range but a lower finish would suggest further weakness is ahead.

The late April swoon came right on cue last week and this week could be more of a tell if there is further weakness or a snapback rally.  Economic news and earnings will once again dominate the week with Apple’s (AAPL, $390.53, down $1.52) numbers as the main event after Tuesday’s close.  Shares have been in a freefall for months after topping at $700 in late September.  The stock fell below the $400 for the first time in over 2 years last week so this report could be one of the biggest in the company’s history.

If shares rally on better-than-expected earnings AND revenue, the overall market will likely benefit.  The same is true if Apple announces worse-than-expected numbers.”  (from 4/21/2013 Weekly Wrap Update)…

The bulls bounced back last week after pushing the top of the current trading range despite a mixed bag of earnings and economic news.  The bears tried to make some noise at the beginning of the week following the prior week’s push to support but were unable to hold the bullish run to new highs.

The last 3 weeks have seen the Dow up 300 points, down 318 points, and with last week’s gain of 165 points, all signs are pointing towards a volatile May not only for the Dow but for all of the indexes.  History says “sell in May and go away” and the talking heads will be preaching this theme over the next few weeks but it isn’t always the case as the upcoming month also has a history of being bullish.  (read more…)

 

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The Dow added a 12-pack, or 0.1%, to close at 14,712 on Friday.  The blue-chips traded to a low of 14,457 on Monday’s open but held the 14,400 level and 14,444 which was the previous Friday low.  The Dow ended the session with a 10-point pop and needed to clear 14,600 to reverse the downtrend.  Tuesday’s triple-digit pop reached a high of 14,721 and easily cleared this level to set up a test to 14,800.  If cleared, a run to 15,000 and new all-time highs is a good possibility.  Wednesday’s high was 14,747 and the index pushed 14,768 on Thursday.  Friday’s high was 14,743 and although the low checked in at 14,684, the bulls held 14,700.  The Dow was at 14,547 before Monday’s open and added 165 points, or 1.1%, for the week.  YTD, the blue-chips are up 1,608 points, or 12.3%.

DOW42813

The S&P 500 slipped 3 points, or 0.2%, to finish at 1,582.  The index tested a low of 1,548 to start the week but held 1,550 and added 7 points by the close to end at 1,562.  The close above this level set the stage for a test to 1,575 and if cleared, 1,600.  Tuesday’s push to 1,579 and the close at 1,578 was confirmation the index could test its all-time intraday high of 1,597 set earlier this month.  Wednesday’s pop to 1,583 was a tease as the S&P finished flat for the session but Thursday’s high checked in at 1,592.64 and nearly topped the all-time close of 1,593.  Friday’s high was 1,585 but the index spent much of the session in the red before a push to the flat line by the close.  The index held 1,575 but a 2% pullback gets 1,550 back in play while a 1% push this week should trigger 1,600.  The S&P 500 started the week at 1,555 and jumped 27 points, or 1.7%, by Friday’s close.  For the year, the index has advanced 157 points, or 10.9%.

SPX42813

The Nasdaq dropped 11 points, or 0.3%, to close at 3,279.  Tech needed to hold 3,200 to start the week and following a dip to 3,198, the index rebounded to clear 3,225 with Monday close of 3,233.  This set the stage for a run to 3,250 and if cleared, 3,275-3,300.  Tuesday’s run to 3,275 and the close at 3,269 gave us a good clue the Nasdaq would challenge decade highs again.  Wednesday pop to 3,277 was nice but the index ended flat before Thursday’s run to 3,301.  Friday was a rough day as there was no green to be found with the low coming in at 3,268.  The index held 3,275 but there is risk down to 3,250-3,200 on a close below this level.  Otherwise, the bulls are looking to clear 3,300 again and push the 52-week and 12-year high of 3,306.95.  The Nasdaq came into the week at 3,206 and was up 73 points, or 2.3%, with Friday’s close.  For 2013, the index is showing a gain 260 points, or 8.6%.

NAS42813

The Russell 2000 gave back 5 points, 0.5%, to close at 935 on Friday.  The small-caps have been flirting with the 900 level in recent weeks and Monday’s test to 899.92 was no different.  However, the index recovered of its lows and 1% loss to finish the session with a 2-point gain to 914.  We said last week a close above 920 would be bullish for a run to 940 and Tuesday’s pop to 929 showed some strength.  Wednesday’s run to 934 was impressive considering the overall flat day that led to Thursday’s close right on 940.  Friday’s low was 932 but 930 held.  There is risk down to 920 if the bulls don’t get a win on Monday and then 900 again on a break below this level.  A close back above 940 and then 945 should be enough to get 954 and the all-time high back in the picture.  The Russell 2000 surged 23 points, or 2.5%, for the week after coming in at 912.  The small-caps are up 86 points, or 10.1%, for the year.

RUT42813

The S&P Volatility Index ($VIX, 13.61, down 0.01) came into the week at 14.97 and traded up to 16 on Monday’s early morning pullback before ending at 14.39.  The close below 15 kept the bulls motivated and Tuesday’s drop under 13.50 to 13.48 was a bonus.  Wednesday’s close of 13.61 was the result of a flat session.  The VIX traded down to 13.13 on Thursday’s rally but ended the day slightly higher at 13.62.  Friday’s range was 13.49-14.18 but 15 held and the bulls made a push back below 13.50.  Anything above 15 should be watched carefully and 17.50-18 would be a warning signal for a reversal.  A close back below 13.50 to start the week and then 13 by midweek would signal new highs for the S&P 500.  The 52-week low is for the VIX is 11.05.

VIX42813

The bulls are back at the top of the ranges from March after holding the bottom uptrend lines from the prior week.  Friday’s action was bullish despite the mixed finishes considering the weaker-than-expected GDP numbers and the bounce off the lows.  Amazon.com (AMZN, $254.81, down $19.89) weighed heavy on Tech after giving up 7% and Google (GOOG, $801.42, down $7.68) wasn’t much help either.  The good news is both stocks held near-term support and Apple (AAPL, $417.20, up $8.82) showed some strength after holding $400.

Trading ranges can be frustrating and we have been warning of one since early April:

From our April 6, 2013 Weekly Wrap:

“The trading ranges since early March have been:  Dow 14,400-14,600 with a breakout to the upside; S&P 1,540-1,560 with a push to all-time highs; Nasdaq 3,200-3,250; and for the Russell – 930-950 but is currently stretched to the downside.  The fact that the market held it March lows is bullish but a break below the February lows would be bearish.  In the meantime, the market remains in a trading range.

We mentioned last week April is the best month for the Dow with average gains of 2% over the past 6 decades and it is also the second best month for the S&P 500.  Although Tech has been weak of late, April has shown strong gains since the 1970’s and is the third best month for the Nasdaq.  There has been a lot of talk that April is the new May but we wouldn’t count the bulls out until the month settles.  However, the market gave mixed signals all week ahead of Friday’s big event and the clues we discussed last week have started to unfold so the bears need to be respected.” (END)

The bulls have trying to make a push out of the current range and this week’s news has the potential to help or hurt them.  There will be a number of unemployment news this week highlighted by Friday’s Nonfarm Payrolls report.  Also in the mix will be the FOMC meeting and a number of ISM announcements, as well as a bevy of other economic reports on tap.  If all goes well, the bulls could push new highs:

From our April 14, 2013 Weekly Wrap:

“If earnings come in better-than-expected and economic news doesn’t disappoint then the indexes should see a continued rally.  If so, the extended targets we could see are: Dow 15,300; S&P 1,625; Nasdaq 3,350.  We will keep our target of 975 for the Russell 2000.

We must admit even we are surprised by the GAINS the indexes have made for the year but we are not surprised by the rally as we told you it would have legs from December through April.  May might be a different story and there could be some seasonal weakness in late April but until the bottom uptrend lines from the 5-year charts crack, the bulls are in control.” (END)

There has been a lot of talk about the seasonality of May and as we close out April and look into next month we thought it would be worth mentioning the history of May and the market.  The “sell in May and go away” theory has played out well in recent years but historically the month has also been bullish.

From the mid-1960’s through the mid 80’s, the S&P 500 fell 75% of the time, or 15 out of 20 May’s.    However, from 1985 through 1997 May was fantastic with 13-straight bullish closings with gains averaging over 3% per year.  A 3% pop this May would mean new historic highs.

The action since the late 1990’s has been mixed with 7 up May months, and 7 down.  The good news is that post-presidential years have been bullish with Tech leading the way.  The S&P 500 usually has the second best May, followed by the Russell 2000 and then the Dow.

We have been right in calling for an extended market rally and while we have become somewhat nervous trusting the bulls, our extended fluff targets from mid-April will come into play on a 2%-3% push higher.  At some point we do expect a nasty pullback or correction but it might not come until June or July.  There is likely to be some “window-dressing” this week as some fund managers lock in their gains in anticipation of a weaker May but the market still hasn’t experienced the “blow-off” or euphoric top pop that usually accompanies bull markets.

If Apple, Amazon and Google hold support and make another push higher then we can see Tech leading the way higher in May.  We will also have to see some strength in the Financial stocks and some M&A (merger and acquisition) activity would help keep the uptrend alive.  Meanwhile, if the small-caps start to crack and the VIX rises, be prepared for a pullback to the bottom of the trading range, or worse.

Futures are showing a mixed open for Monday:  Dow futures are lower by 2 points to 14,647 while the S&P 500 futures are off a point to 1,575.  The Nasdaq 100 futures are up 2 points to 2,832.

 

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Key of Technicals Used In Following Articles

Charta8512

 

2.  Pizza Inn (PZZI) Update 

We profiled Pizza Inn (PZZI, $7.74, up $0.60) in the Weekly Wrap on February 12, 2012.  It was $4.87 back then and we added it to the portfolio at $4.50.  Since then a lot has happened and the growth story is intact.

Charta42813

The company also operates Pie Five Pizza restaurants, which serves quick, made-to-order pizzas baked and ready-to-enjoy in just five minutes.  The concept reminds us of Chipotle Mexican Grill (CMG, $361.73, down $1.12), which provides a revolutionary fast and fresh casual restaurant for Mexican food.  On April 26, 2013, Pie Five opened its first franchise location in the Salt Lake City area.  With its contemporary restaurant design, friendly staff, and custom pizzas, Pie Five, which opened its first location June 2011 in Fort Worth, Texas, is quickly expanding across the country with nine locations open in the Dallas-Fort Worth Metroplex and franchise agreements for another 38 restaurants to-date in Utah; Charlotte, North Carolina; Florida; and Kansas City.

Chartb42813

Despite the fall in domestic restaurants, its Pie Five business and international restaurant count is growing.  It has a presence in almost every state in the southeast, as shown in red in the figure.

Chartc42813

Earnings and revenue for the company as a whole does not look good.  But as mentioned earlier, its Pie Five business is starting to do very well, and we believe this has been what is pushing up the stock 134% in the last 52 weeks.  Since the market is forward-looking, investors do not seem to be paying a lot of attention to past numbers and looking to what the 75 upcoming Pie Five restaurants could add to the company’s bottom line.  News has caused the stock to soar over the past month.

On March 25th, the company announced that it plans to develop 10 units across the Orlando, Gainesville, Melbourne and Daytona markets in Florida.  Then on April 9th, investors cheered news that former Applebee’s President and CEO will open 10 Pie Five Pizza locations in Kansas City Area.  However, investors should remember that the company still has some financial issues, such as profitability.

Chartd42813

Again, Pizza Inn’s numbers look a little weak, but if Pie Five Pizza does very well in the coming year, the stock could be a solid long-term buy.  Institutional ownership is only 50%, so there is plenty of room for institutional buying.  Plus, we should give new CFO Jerome Trojan more time to work his magic.  It has only been a little over a year since he joined the company.  There is a chance with the stock up 32% in 5 days for a pullback and profit-taking.  As shown in the graph below, we would not be surprised if the stock fell below $7 in the near-future.  It is possible it could fall back to the $6.50-level or even find a base at $5.53, but we doubt it will fall below $5.53.  As more Pie Five restaurants open, the stock could head higher on hype, but in the long-term, it is the numbers that matter most.

Charte42813

 

 

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3.  Walter Energy (WLT) Getting Attractive

 

Coal is considered a dying industry and Walter Energy (WLT, $17.27, down $0.71) has fallen 74% in the past 52 weeks as other energy fuels have taken center stage but the beating could be over as shares may have bottomed with the company becoming a takeover target.

Chartf42813

As petroleum and natural gas have become more expensive, anthracite coal may grow in its importance as an energy source.  The company exports its metallurgical coal and markets its thermal coal primarily in the United States.

The company has an interesting story.

In 1946, James W. Walter borrowed $400 from his father and purchased an unfinished home for $895 from a Tampa, Florida builder.  He sold the home three days later for a profit.  Realizing that he can make more money than his truck driving job, he teamed up with the Tampa builder.  Years later, the Tampa builder broke away, and Walter ran the business, forming the Walter Construction Company, which later changed its name to Jim Walter Corporation.

During the 1960s and 1970s, the company made a large number of acquisitions and mergers, from oil to sugar to paper.  On March 9, 1964, Jim Walter Corporation was listed on the New York Stock Exchange for $0.50 a share.  In 1969, the company bought United States Pipe and Foundry of Birmingham, Alabama, for $135 million in stock and cash.  At the time of the acquisition, U.S. Pipe’s operation and unmined coal reserves attracted little attention.  By 1973, however, the Arab oil embargo made coal mining a potential bonanza.  In 1976, the company created, Jim Walter Resources, a subsidiary to direct the company’s mine-development program.

After years of lawsuits due to asbestos, a mineral that could cause cancer, Walter Industries spun-off non-core holdings and later changed its name to Walter Energy, becoming a primarily “pure play” metallurgical coal company.  In April 2011, it completed the acquisition of Western Coal in Northeast British Columbia for $3.3 billion.  This acquisition helped it to gain access to high-quality metallurgical coal mines in British Columbia and West Virginia, as well as anthracite coal mines in South Wales.  On May 6, 2011, it acquired mineral rights for approximately 68 million metric tons of recoverable Blue Creek metallurgical coal reserves in Alabama.

Chartg42813

However, with the global slowdown and reduced steel demand, earnings have been declining for many consecutive quarters, prompting the stock to fall from its peak of $143 in April of 2011.  Speculation starting in December of 2012, that the company could be a takeover target by mining giant BHP Billiton (BHP) and the Anglo-Swiss commodities powerhouse Glencore International, has provided a short-lived rally in the shares.  Consolidation is likely in the coal industry and metallurgical coal prices are likely to rise, but a buyout at these levels could be a stretch as there seems to be other cheaper coal companies, as indicated in the table below.  Further, with its EV/EBITDA being the highest listed, a takeover at these levels seems unlikely.  On the other hand, BHP has overpaid in its past acquisitions, and there is no doubt WLT’s assets are attractive.

Charth42813

Charti42813

At $17.27, the stock is below its low target of $19.00 made by the 15 analysts recorded by Thomson/First Call.  Mean target is $34.27, median target is $33.00, and high target is $50.00.  Using a scale of 1.0 as a strong buy and 5.0 as a sell, the average rating of the stock was 2.6, unchanged from a week ago.

 

Current Month

Last Month

Two Months Ago

Three Months Ago

Strong Buy

4

4

4

4

Buy

6

6

6

5

Hold

11

11

10

11

Underperform

2

2

2

2

Sell

1

1

1

1

 

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4.  Earnings 

The companies in BOLD, we are looking at as possible trades and we may list call or put options on them in our Daily Newsletter.  If they become official recommendations, we sent out Trade Alerts or include them in our 9am and 1pm updates that come out during the week (Quotes are from 4/26/13 close)

By Catherine Tierney

 

Monday

H. Belo (AHC, $5.82, up $0.07), Actuate (BIRT, $5.83, down $0.07), Addus HomeCare (ADUS, $12.33, down $0.08), Advanced Energy (AEIS, $18.22, down $0.07), Advent (ADVS, $27.29, down $0.50), Agree Realty (ADC, $30.60, up $0.24), Alere (ALR, $25.80, up $0.24), Alexandria Real Estate (ARE, $70.55, down $0.45), Allison Transmission (ALSN, $22.70, up $0.09), Almost Family (AFAM, $19.89, down $0.11), Alnylam (ALNY, $24.04, down $0.01), Alpha & Omega (AOSL, $8.51, down $0.18), Ameristar Casinos (ASCA, $26.31, down $0.03), Anworth Mortgage Asset (ANH, $6.22, down $0.02), Arch Capital (ACGL, $52.66, down $0.68), Armstrong World (AWI, $52.34, down $0.54), ArthroCare (ARTC, $34.30, down $0.28), Asset Acceptance Capital (AACC, $6.49, Flat), Astex (ASTX, $6.74, up $0.01), Astronics (ATRO, $26.51, down $0.34), Atlantic Tele-Network (ATNI, $49.81, up $0.24), Atlas Pipeline (APL, $35.80, down $0.38), Auxilium (AUXL, $16.03, down $0.26), AVEO Pharmaceuticals, (AVEO, $7.53, down $0.22), Axiall (AXLL, $54.27, down $2.84), BBX Capital (BBX, $11.62, up $0.71), Berkshire Hills (BHLB, $25.65, down $0.14), Blyth (BTH, $16.95, up $0.27), Boardwalk Pipeline (BWP, $30.22, down $0.14), Bravo Brio (BBRG, $16.87, up $0.17), Bridgford Foods (BRID, $8.25, Flat), Buffalo Wild Wings (BWLD, $95.06, down $0.32), Calgon Carbon (CCC, $17.07, down $0.01), CapitalSource (CSE, $9.26, down $0.07), Capitol Federal Financial (CFFN, $11.88, down $0.03), Carriage (CSV, $17.50, down $0.41), CBL & Associates (CBL, $24.02, up $0.10), Celldex (CLDX, $13.45, down $0.31), Century Bancorp (CNBKA, $33.43, down $0.71), CFS Bancorp (CITZ, $9.23, up $0.10), Changyou.com (CYOU, $30.10, up $0.39), Choice Hotels (CHH, $45.30, down $0.10), Cleco (CNL, $48.15, up $0.11), CNA Financial (CAN, $33.39, down $0.42), Cognex (CGNX, $37.51, down $0.52), CommonWealth (CWH, $22.23, down $0.21), Community Health (CYH, $43.53, up $0.87), Compass Minerals (CMP, $81.31, up $0.33), Comstock (CRK, $15.89, down $0.34), Cymer (CYMI, $103.73, down $0.56), Dawson Geophysical (DWSN, $31.41, up $0.33), DigitalGlobe (DGI, $29.33, down $0.53), Dorman Products (DORM, $36.09, up $0.28), DSP (DSPG, $7.51, down $0.19), DXP (DXPE, $67.59, down $0.03), Eaton (ETN, $58.65, down $0.04), Energen (EGN, $45.80, down $1.58), Erie Indemnity (ERIE, $79.17, down $0.24), Fabrinet (FN, $13.50, down $0.26), Fairpoint (FRP, $8.10, down $0.03), First Financial (THFF, $29.70, down $0.34), First Financial (FFCH, $19.91, down $0.28), First Solar (FSLR, $44.08, down $0.39), First United (FUNC, $8.26, down $0.35), Five Star (FVE, $5.97, down $0.02), Franklin Street (FSP, $14.64, down $0.14), German American (GABC, $20.85, down $0.55), Gladstone (GOOD, $19.06, down $0.07), Global Indemnity (GBLI, $21.29, up $0.10), GP Strategies (GPX, $21.78, up $0.02), Greenlight Capital (GLRE, $24.58, down $0.37), Gulfmark Offshore (GLF, $38.19, down $0.26), Handy & Harman (HNH, $15.37, down $0.39), HCA (HCA, $38.25, up $0.31), Health Net (HNT, $28.15, down $0.13), Heartland (HTLF, $24.08, down $0.38), Heartware (HTWR, $85.11, down $0.23), Helen of Troy (HELE, $35.71, down $0.65), Herbalife (HLF, $38.27, up $0.32), Hertz Global (HTZ, $24.19, up $0.59), Hilltop (HTH, $13.31, down $0.08), Home Federal (HOME, $11.72, down $0.23), HomeStreet (HMST, $21.67, down $0.24), Icahn Enterprises (IEP, $72.88, down $1.83), Innophos (IPHS, $54.12, down $0.08), Insperity (NSP, $27.50, Flat), Investors Bancorp (ISBC, $19.30, down $0.22), J&J Snack Foods (JJSF, $73.25, down $1.54), Jacobs Engineering (JEC, $51.65, down $0.55), JMP (JMP, $6.30, down $0.14), Kadant (KAI, $26.01, down $0.58), Kaman (KAMN, $34.18, down $0.15), Kimball (KBALB, $9.25, down $0.10), Kona Grill (KONA, $9.63, up $0.45), Loews (L, $44.44, down $0.57), Luminex (LMNX, $16.36, down $0.50), Masco (MAS, $20.62, up $0.27), Material Sciences (MASC, $10.15, down $0.10), Medidata (MDSO, $54.06, up $0.49), Mercury General (MCY, $42.46, up $0.17), MicroStrategy (MSTR, $97.71, down $0.52), Morgans Hotel (MHGC, $6.23, down $0.01), National Bank (NBHC, $18.18, up $0.03), National Presto (NPK, $74.80, down $0.90), Natural Resource (NRP, $23.70, down $0.24), Natus Medical (BABY, $12.97, up $0.21), Netspend (NTSP, $15.95, Flat), Newmont Mining (NEM, $33.47, down $0.86), Northeast Bancorp (NBN, $9.33, down $0.12), NPS (NPSP, $13.49, down $0.12), Old National (ONB, $12.83, down $0.22), OneBeacon Insurance (OB, $13.39, down $0.08), Orbitz (OWW, $6.16, down $0.01), Park Electrochemical (PKE, $22.63, down $1.04), PartnerRe (PRE, $95.24, down $0.46), Pegasystems (PEGA, $25.34, down $0.09), Penske (PAG, $29.80, down $0.39), Post Properties (PPS, $49.35, down $0.63), PRGX (PRGX, $5.57, up $0.07), Quaker Chemical (KWR, $56.82, down $1.64), RealPage (RP, $20.45, up $0.11), Redwood (RWT, $22.57, down $0.58), Reis (REIS, $16.00, up $0.85), Riverbed (RVBD, $14.89, up $0.10), Roper (ROP, $123.31, down $0.35), SBA (SBAC, $78.15, up $0.06), Sears (SHOS, $44.05, up $1.50), Seaspan (SSW, $21.36, up $0.46), Sohu.com (SOHU, $50.77, up $0.47), Southern Copper (SCCO, $32.89, down $0.68), Southwest Gas (SWX, $49.69, down $0.41), Spectrum (SPPI, $7.45, down $0.09), Standard Motor (SMP, $30.20, down $0.21), Stillwater Mining (SWC, $11.52, down $0.16), Sturm, Ruger (RGR, $49.05, down $0.09), Techne (TECH, $63.89, down $0.14), Tenneco (TEN, $37.63, up $0.52), Texas Roadhouse (TXRH, $21.06, up $0.38), The Hartford Financial (HIG, $27.12, down $0.44), Tredegar (TG, $30.00, up $0.14), United-Guardian (UG, $22.00, down $0.23), UNS Energy (UNS, $50.12, down $0.15), Vector (VGR, $16.13, up $0.02), Weis Markets (WMK, $40.76, down $1.27), Wesco Aircraft (WAIR, $14.75, down $0.02), Zoltek (ZOLT, $13.21, Flat), Zygo (ZIGO, $14.62, up $0.02)

 

Tuesday

1-800-Flowers.com (FLWS, $5.84, up $0.18), 3D Systems (DDD, $34.57, down $0.55), Access Midstream (ACMP, $40.46, down $0.61), Aegerion (AEGR, $37.66, down $0.59), Aetna (AET, $57.01, up $0.13), Affiliated Managers (AMG, $149.47, down $1.44), AGCO (AGCO, $50.67, down $0.47), AGL (GAS, $43.24, down $0.25), Amdocs (DOX, $34.96, down $0.19), Amedisys (AMED, $10.18, down $0.14), American Assets (AAT, $32.59, down $0.14), American Vanguard (AVD, $28.46, down $0.42), AmeriGas (APU, $44.01, down $0.59), Arcos Dorados (ARCO, $12.68, down $0.10), Arena (ARNA, $8.17, down $0.17), Arkansas Best (ABFS, $11.54, down $0.20), Arthur J Gallagher & Co. (AJG, $42.27, up $0.06), Avalonbay (AVB, $130.22, down $0.91), Avon (AVP, $22.05, down $0.30), Bankrate (RATE, $13.58, up $0.21), Bloomin’ Brands (BLMN, $21.64, up $0.05), BOK Financial (BOKF, $61.78, down $0.31), Boston Properties (BXP, $107.77, down $0.28), BRE Properties (BRE, $49.74, down $0.12), Brightcove (BCOV, $5.92, up $0.35), Buckeye (BKI, $37.60, down $0.20), Cabot (CBT, $36.47, down $0.02), Campus Crest (CCG, $13.48, down $0.19), Cavium (CAVM, $29.90, down $0.77), Cloud Peak (CLD, $19.43, down $0.34), Cobalt (CIE, $28.25, down $0.30), Conceptus (CPTS, $25.90, down $0.83), Concurrent Computer (CCUR, $6.80, up $0.08), Convergys (CVG, $16.43, up $0.13), CryoLife (CRY, $5.78, down $0.02), CSG Systems (CSGS, $21.24, down $0.09), Cummins (CMI, $111.20, down $0.96), Cynosure (CYNO, $25.26, down $0.54), DDR (DDR, $18.00, up $0.11), Del Frisco’s (DFRG, $16.55, down $0.03), Denny’s (DENN, $5.64, down $0.03), Diebold (DBD, $30.02, up $0.16), Domino’s Pizza (DPZ, $52.38, up $0.46), DreamWorks Animation (DWA, $19.41, up $0.15), Ecolab (ECL, $82.94, down $0.79), Edison (EIX, $53.35, up $0.18), Ellie Mae (ELLI, $25.67, up $1.01), Endologix (ELGX, $14.92, down $0.09), Ensco (ESV, $55.41, down $0.05), Enterprise Products (EPD, $60.79, down $0.03), EPIQ (EPIQ, $13.74, down $0.02), EPR (EPR, $55.72, down $0.10), Equity (EQR, $56.61, down $0.59), Exar (EXAR, $10.34, down $0.19), EXCO (XCO, $7.18, down $0.09), EZCORP (EZPW, $17.04, down $0.29), FelCor (FCH, $5.87, down $0.02), Fidelity (FIS, $40.79, down $0.27), Fiserv (FISV, $90.13, down $0.04), Flextronics (FLEX, $6.87, down $0.09), FMC (FMC, $59.89, down $0.78), Fortinet (FTNT, $17.36, down $0.22), Franklin Electric (FELE, $31.61, down $0.53), Franklin (BEN, $153.61, down $0.50), Fresh Del Monte (FDP, $27.45, down $0.01), GAMCO (GBL, $48.59, up $1.31), General Cable (BGC, $33.72, down $0.61), Genworth (GNW, $9.87, down $0.12), Gladstone Capital (GLAD, $9.28, down $0.02), Green Dot (GDOT, $15.92, up $0.08), Harris (HRS, $43.93, down $0.33), HCC (HCC, $41.91, down $0.19), HCP (HCP, $52.77, down $0.14), Heartland Payment (HPY, $31.08, up $0.02), Hersha Hospitality Trust (HT, $5.76, down $0.08), Highwoods (HIW, $40.35, up $0.01), Holly Energy (HEP, $39.38, down $0.46), Huntsman (HUN, $18.60, down $0.44), Invesco (IVZ, $29.55, down $0.15), iStar (SFI, $11.53, Down $0.03), Ixia (XXIA, $16.12, Flat), Jack Henry (JKHY, $44.86, down $0.22), Jive (JIVE, $13.92, up $0.05), Key Tronic (KTCC, $11.35, down $0.02), Keynote (KEYN, $11.29, up $0.02), Kforce (KFRC, $14.66, down $0.14), Kulicke and Soffa (KLIC, $11.04, down $0.17), LB Foster (FSTR, $39.82, down $1.01), The Laclede Group (LG, $45.96, down $0.32), Legg Mason (LM, $31.08, down $0.11), LeMaitre Vascular (LMAT, $6.08, up $0.03), Littelfuse (LFUS, $66.68, down $0.32), M/A-Com (MTSI, $13.89, down $0.24), Magellan Health (MGLN, $50.62, down $0.19), MagnaChip (MX, $15.29, down $0.26), The Manitowoc Company (MTW, $18.66, up $0.04), Marathon Petroleum (MPC, $81.35, down $0.27), MaxLinear (MXL, $6.01, up $0.03), MCG Capital (MCGC, $5.06, down $0.01), The McGraw-Hill (MHP, $52.00, up $0.45), Meadowbrook (MIG, $7.44, down $0.19), MeadWestvaco (MWV, $34.19, down $0.51), Mercury (MRCY, $7.68, down $0.04), Meru (MERU, $5.63, down $0.30), Metro (METR, $17.70, up $0.07), MGIC (MTG, $5.34, down $0.04), Momenta (MNTA, $12.85, down $0.06), MPLX LP (MPLX, $38.70, down $0.18), Mueller Water (MWA, $5.81, down $0.05), Multimedia Games (MGAM, $20.38, down $0.04), Nanometrics (NANO, $14.02, down $0.14), National Interstate (NATL, $29.35, up $0.57), National Technical (NTSC, $9.65, Flat), NCR (NCR, $26.54, down $0.18), NextEra (NEE, $80.54, up $0.10), NiSource (NI, $30.82, down $0.11), Nova Measuring (NVMI, $8.83, down $0.09), NuVasive (NUVA, $20.44, down $0.54), NYSE Euronext, (NYX, $38.31, up $0.01), ONEOK (OKE, $50.82, down $0.28), Oshkosh (OSK, $53.46, down $0.51), PH Glatfelter (GLT, $23.32, down $0.13), PacWest Bancorp (PACW, $27.20, down $0.14), PAREXEL (PRXL, $40.33, down $0.20), Pericom (PSEM, $6.14, down $0.16), Pfizer (PFE, $30.09, down $0.17), Pioneer (PES, $7.21, down $0.16), Pitney Bowes (PBI, $15.90, up $0.83), Portfolio Recovery (PRAA, $121.45, down $0.40), Public Service (PEG, $36.12, up $0.02), QEP (QEP, $27.77, down $0.45), Questar (STR, $25.07, down $0.15), Questcor (QCOR, $29.28, Flat), QuinStreet (QNST, $6.38, down $0.17), Regal Beloit (RBC, $77.04, up $0.23), Regal (RGC, $17.91, up $0.25), Republic Airways (RJET, $11.38, up $0.10), Resolute Forest Products (RFP, $14.33, down $0.12), Rex Energy (REXX, $16.11, down $0.05), Rockwood (ROC, $64.30, down $0.41), Rogers (ROG, $41.73, down $0.80), RPX (RPXC, $13.16, down $0.10), RTI (RTI, $28.23, down $0.05), Safety Insurance (SAFT, $48.71, down $0.21), Saul Centers (BFS, $44.55, down $0.33), SciQuest (SQI, $22.43, down $0.26), Silicon (SGI, $13.12, up $0.04), SM Energy (SM, $60.92, down $0.81), SolarWinds (SWI, $49.46, up $0.15), Sourcefire (FIRE, $51.04, down $0.32), Spansion (CODE, $11.66, up $0.02), Spectrum (SPB, $56.14, down $0.28), Spirit Airlines (SAVE, $25.85, down $0.18), Standex (SXI, $52.86, down $0.53), Starwood Hotels (HOT, $62.09, down $0.51) State Auto (STFC, $16.95, down $0.08), Stepan (SCL, $59.64, down $0.87), Synta (SNTA, $10.00, down $0.09), Systemax (SYX , $8.83, down $0.02), Tanger Factory Outlet (SKT, $36.84, up $0.28), Team Health (TMH, $37.28, down $0.22), TECO Energy (TE, $18.83, up $0.07), Teleflex (TFX, $82.26, down $0.72), Tenet Healthcare (THC, $41.16, up $1.29), Ternium (TX, $21.43, up $0.15), TOR Minerals (TORM, $11.98, Flat), Trimble Navigation (TRMB, $28.21, down $0.39), Trinity (TRN, $41.19, down $0.38), Trulia (TRLA, $30.10, down $1.16), TRW Automotive (TRW, $58.70, up $0.36), U.S. Silica (SLCA, $20.16, down $0.38), UDR (UDR, $24.16, down $0.09), UGI (UGI, $40.38, down $0.12), The Ultimate (ULTI, $11.42, down $0.36), United Online (UNTD, $6.47, down $0.10), United States Steel (X, $17.36, down $0.26), Universal Technical (UTI, $), Valero Energy (VLO, $), Vanguard Health (VHS, $), Vanguard (VNR, $28.94, down $0.06), Verisk Analytics (VRSK, $59.82, down $0.29), Vertex (VRTX, $79.02, down $1.30), Vishay (VSH, $12.56, down $0.13), Wabash National (WNC, $9.48, up $0.14), Warner Chilcott (WCRX, $13.76, down $0.09), Watts Water (WTS, $45.86, down $0.98), Weingarten Realty (WRI, $33.46, up $0.22), The Western Union (WU, $14.58, down $0.10), Willis (WSH, $39.09, down $0.14), Wisconsin Energy (WEC, $44.03, down $0.11), World Fuel (INT, $39.29, down $0.55), Wright Medical (WMGI, $23.16, down $0.08), Xylem (XYL, $27.71, down $0.15), Zoetis (ZTS, $32.64, up $1.09)

 

Wednesday

Acadia Healthcare (ACHC, $31.84, up $0.13), The ADT Corporation (ADT, $43.91, down $0.13), Albany (AIN, $28.54, down $0.32), Alexander & Baldwin (ALEX, $33.61, down $0.14), Allergan (AGN, $111.98, up $0.57), AllianceBernstein (AB, $23.69, up $0.68), The Allstate Corporation (ALL, $49.09, down $0.44), American Equity (AEL, $15.11, down $0.05), American Tower (AMT, $82.97, down $0.87), Amerisafe (AMSF, $32.24, up $0.17), AmTrust Financial (AFSI, $31.58, up $0.60), Anika (ANIK, $12.33, down $0.31), Apollo Commercial Real Estate (ARI, $17.48, up $0.12), Arrow Electronics (ARW, $37.64, down $0.87), Atmel (ATML, $6.66, up $0.33), Atmos (ATO, $43.70, down $0.41), Atwood Oceanics (ATW, $48.30, up $0.30), Avis (CAR, $29.08, up $0.95), Avista (AVA, $27.68, down $0.05), Bel Fuse (BELFA, $12.90, down $0.57), BioMed (BMR, $22.26, down $0.18), Blackbaud (BLKB, $29.02, down $0.56), Brookdale Senior Living (BKD, $26.09, up $0.02), C&J Energy (CJES, $19.23, Flat), CACI (CACI, $57.00, up $0.02), Caesars (CZR, $16.36, down $0.59), California Water Service (CWT, $19.63, down $0.15), Capital Product (CPLP, $8.78, Flat), Cardiovascular (CSII, $16.93, down $0.51), Cbeyond (CBEY, $8.37, down $0.23), CBS (CBS, $46.27, up $0.30), Central Garden (CENT, $8.86, up $0.03), Charles River Laboratories (CRL, $42.45, down $0.35), Chesapeake Energy (CHK, $19.25, down $0.03), Clean Harbors (CLH, $56.99, down $0.12), Cohu (COHU, $9.46, down $0.05), Comcast (CMCSA, $41.37, up $0.62), Comfort (FIX, $12.60, down $0.13), Con-way (CNW, $33.52, down $0.12), Concho (CXO, $85.08, down $1.36), Concur (CNQR, $70.03, up $0.38), Corporate Executive (CEB, $55.86, down $1.15), Courier (CRRC, $14.15, down $0.24), Covance (CVD, $74.15, down $0.53), Coventry (CVH, $49.23, up $0.05), Curtiss-Wright (CW, $32.10, down $0.48), CVR Energy (CVI, $49.66, down $0.68), CVR (UAN, $25.41, down $0.06), CVR Refining (CVRR, $31.50, down $0.47), Delphi Automotive (DLPH, $447.70, up $0.02), Devon Energy (DVN, $53.61, up $0.14), DexCom (DXCM, $15.55, up $0.06), DFC Global (DLLR, $13.40, up $0.15), Dynamics Research (DRCO, $5.84, up $0.21), Dynex Capital (DX, $10.53, up $0.11), Eagle Rock Energy (EROC, $10.11, down $0.09), Education Management (EDMC, $6.05, up $0.09), El Paso (EE, $36.32, down $0.13), Enbridge Energy (EEP, $29.52, down $0.17), Endurance (ENH, $48.89, down $0.59), Energizer (ENR, $95.63, down $1.29), Equity One (EQY, $24.88, down $0.01), Essex Property Trust (ESS, $152.74, up $0.19), Excel Trust (EXL, $14.85, down $0.01), Exelon (EXC, $37.33, up $0.14), (EXLS, $31.91, down $0.04), Facebook (FB, $26.85, up $0.71), Federal Realty Investment Trust (FRT, $114.28, down $0.29), Fidelity National (FNF, $26.81, up $0.07), Fisher (FSCI, $41.22, down $0.14), Fluidigm (FLDM, $18.62, down $0.31), FreightCar America (RAIL, $20.96, down $0.46), Garmin (GRMN, $34.72, down $0.59), General Communication (GNCMA, $9.48, down $0.34), Genesee & Wyoming (GWR, $84.33, down $0.52), Genpact (G, $18.63, down $0.05), Green Plains Renewable (GPRE, $12.27, up $0.14), Haemonetics (HAE, $39.05, up $0.24), Hanger (HGR, $30.54, down $0.24), Healthcare Realty Trust (HR, $29.15, down $0.05), Hornbeck Offshore (HOS, $42.66, down $0.58), Hospira (HSP, $32.66, down $0.27), HudBay Minerals (HBM, $7.87, down $0.37), Humana (HUM, $73.49, up $0.44), Hyatt Hotels (H, $41.74, up $0.09), Impax (IPXL, $61.79, down $0.23), Inphi (IPHI, $9.15, down $0.39), Insight (NSIT, $17.36, down $0.48), Integrated Silicon (ISSI, $8.83, down $0.16), Integrys Energy (TEG, $60.57, down $0.32), IntercontinentalExchange (ICE, $159.51, down $0.08), Intrepid Potash (IPI, $18.25, down $0.22), IPG Photonics (IPGP, $61.79, down $0.23), Iron Mountain (IRM, $37.45, down $0.09), JDS Uniphase (JDSU, $13.44, down $0.16), The Jones Group (JNY, $14.07, down $0.27), KAR Auction (KAR, $21.82, up $0.07), Kilroy (KRC, $54.55, down $0.32), Kimco (KIM, $23.10, down $0.04), Kindred (KND, $10.36, up $0.02), KKR Financial (KFN, $10.46, down $0.20), Kraton Performance (KRA, $22.72, down $0.05), LifeLock (LOCK, $8.95, down $0.04), Lincoln National (LNC, $33.27, down $0.39), LRR (LRE, $18.01, up $0.11), The Macerich Company (MAC, $68.80, up $0.35), Manning & Napier (MN, $16.76, down $0.24), ManTech (MANT, $25.65, down $0.23), Markel (MKL, $514.40, down $0.85), Marriott (MAR, $41.57, down $0.07), Mastercard (MA, $535.33, up $0.19), McGrath (MGRC, $30.48, up $0.05), MDU (MDU, $24.13, down $0.23), Medallion (TAXI, $14.34, up $0.13), MedAssets (MDAS, $18.12, up $0.08), Merck  (MRK, $47.87, up $0.52), MetLife (MET, $38.53, down $0.38), MFA (MFA, $9.14, up $0.02), Mid-America Apartment (MAA, $67.97, down $0.48), MOD-PAC (MPAC, $8.30, down $0.05), Monotype Imaging (TYPE, $22.80, up $0.11), MSCI (MSCI, $33.22, down $0.09), Murphy Oil (MUR, $61.19, down $0.22), Nacco (NC, $56.28, down $1.08), Newport (NEWP, $14.78, down $0.30), NewStar (NEWS, $11.86, down $0.19), Nutrisystem (NTRI, $8.00, Flat), NVE (NVEC, $52.53, down $0.46), Orient-Express Hotels (OEH, $9.81, down $0.37), PDC (PDCE, $44.22, down $0.98), PGT (PGTI, $7.60, up $0.70), Pharmacyclics (PCYC, $81.65, up $0.73), PharMerica (PMC, $12.39, down $0.10), PHH (PHH, $20.72, up $0.02), Phillips 66 (PSX, $61.60, DOWN $0.30), Pinnacle (PNK, $19.38, down $0.12), Pioneer Natural (PXD, $118.12, up $0.63), Prudential Financial (PRU, $59.25, down $0.09), Radian (RDN, $11.78, up $0.08), RenaissanceRe (RNR, $93.81, down $0.16), Roadrunner (RRTS, $22.77, up $0.11), Rovi (ROVI, $22.85, up $0.02), Rowan (RDC, $31.88, down $0.20), Sabra Health (SBRA, $29.07, down $0.62), Schawk (SGK, $10.81, down $0.09), Seaboard (SEB, $2699.99, down $12.01), Seagate (STX, $36.40, down $0.14), Sealed (SEE, $21.79, down $0.52), Shutterfly (SFLY, $44.26, down $1.71), Silver Spring (SSNI, $17.82, down $0.22), SPX (SPW, $74.45, down $0.53), Synchronoss (SNCR, $27.30, up $0.18), Tesoro (TSO, $53.84, down $0.72), Boston Beer (SAM, $168.77, up $1.13), The Clorox Company (CLX, $86.67, down $0.39), Time Warner (TWX, $59.67, up $0.28), Triumph (TGI, $79.80, down $0.26), Vantiv (VNTV, $21.89, down $0.48), Vectren (VVC, $36.62, down $0.37), Viacom (VIAB, $63.62, down $0.87), ViroPharma (VPHM, $26.83, down $0.17), Visa (V, $167.23, down $1.53), Walter (WLT, $17.27, down $0.71), Western Gas (WES, $58.15, up $0.05), WEX (WEX, $74.91, up $0.16), WGL (WGL, $45.08, down $0.21), Yelp (YELP, $25.45, up $0.03)

 

Thursday

ABIOMED (ABMD, $17.96, down $0.07), ACI (ACIW, $46.43, down $0.19), Acorda (ACOR, $38.82, down $0.08), Actavis (ACT, $100.94, up $2.05), The Active Network (ACTV, $5.11, down $0.05), Aircastle (AYR, $13.75, down $0.03), Airgas (ARG, $96.70, down $0.81), Alliant Techsystems (ATK, $73.02, down $0.26), Alpha (ANR, $7.14, down $0.12), Ameren (AEE, $36.00, down $0.10), American Capital (AGNC, $32.79, up $0.01), American International (AIG, $40.87, down $1.41), AMN Healthcare  (AHS, $13.48, down $0.32), Ansys (ANSS, $78.01, down $0.29), Applied Industrial (AIT, $42.26, down $0.33), Approach (AREX, $22.83, down $0.62), Aqua America (WTR, $31.41, down $0.50), Argo (AGII, $40.54, down $0.13), Athenahealth (ATHN, $95.03, up $1.95), Atlas Air (AAWW, $37.65, down $1.06), AtriCure (ATRC, $7.76, up $0.06), Attunity (ATTU, $5.85, down $0.13), Audience (ADNC, $14.92, down $0.08), Baldwin & Lyons (BWINB, $23.82, down $0.78), Beam (BEAM, $64.49, up $0.29), Beazer Homes (BZH, $16.33, up $0.16), Becton, Dickinson (BDX, $94.62, down $1.77), Belden (BDC, $48.70, down $0.30), Berry Plastics (BERY, $18.27, down $0.02), Bill Barrett (BBG, $20.05, down $0.25), Black Hills (BKH, $46.28, down $0.19), Blucora (BCOR, $14.79, down $0.04), Blue Nile (NILE, $32.50, up $0.05), Body Central (BODY, $9.96, up $0.03), Boise (BZ, $7.91, down $0.22), Bottomline. (EPAY, $25.34, down $0.13), Boulder (BDBD, $9.21, down $0.32), Brookfield Infrastructure (BIP, $38.42, up $0.18), Bruker (BRKR, $17.79, down $0.63), Build-A-Bear (BBW, $5.21, up $0.02), Cadence (CADX, $6.95, down $0.12), CafePress (PRSS, $6.17, down $0.19), Calpine (CPN, $21.82, up $0.47), Camden Property (CPT, $71.00, down $0.24), Carbonite (CARB, $10.52, down $0.10), Cardinal Health (CAH, $43.98, down $0.24), Cardtronics (CATM, $27.85, down $0.25), Catamaran (CTRX, $56.65, down $0.51), CBIZ (CBZ, $6.39, down $0.04), CDI (CDI, $15.73, down $0.46), CEC (CEC, $32.77, Flat), CEVA (CEVA, $14.97, down $0.25), Cigna (CI, $65.81, up $0.09), CIRCOR (CIR, $46.96, down $0.48), Citizens (CIA, $6.47, down $0.12), CME (CME, $60.77, down $0.26), comScore (SCOR, $16.15, down $0.42), CTC Media (CTCM, $12.66, down $0.37), Cubic (CUB, $42.45, down $0.40), DCT Industrial (DCT, $7.64, down $0.03), Denbury (DNR, $17.38, down $0.05), Digital River (DRIV, $13.94, up $0.03), DineEquity (DIN, $70.80, up $0.10), Dun & Bradstreet (DNB, $87.89, up $0.18), Dynegy (DYN, $24.34, up $0.49), EarthLink (ELNK, $5.54, down $0.08), Eastern Insurance (EIHI, $18.59, down $0.05), Einstein Noah (BAGL, $14.82, down $0.11), Elizabeth Arden (RDEN, $41.41, down $0.19), Emeritus (ESC, $24.79, down $0.13), Endocyte (ECYT, $14.13, down $0.17), EnPro (NPO, $48.95, down $0.44), EPL Oil (EPL, $31.66, down $0.41), Exterran (EXH, $25.15, up $0.22), FBL Financial (FFG, $38.48, down $0.88), Fidus (FDUS, $18.77, down $0.16), Fifth & Pacific (FNP, $21.08, down $0.27), FleetCor (FLT, $75.48, up $0.49), Fluor (FLR, $56.38, down $0.25), Foster Wheeler (FWLT, $20.81, up $0.16), Gartner (IT, $56.74, down $0.32), Generac (GNRC, $35.11, down $0.06), General Motors (GM, $30.50, down $0.21), Genesis Energy (GEL, $47.67, down $1.29), Genomic (GHDX, $30.10, down $0.03), Geospace (GEOS, $84.84, up $0.03), Gibraltar (ROCK, $18.80, down $0.25), Globus Medical (GMED, $15.22, down $0.61), Group 1 Automotive (GPI, $59.67, up $0.32), GSI (GSIT, $6.26, down $0.17), Guidance (GUID, $10.70, down $0.12), H&E Equipment (HEES, $19.59, up $0.08), Health Management (HMA, $11.20, down $0.06), Heritage-Crystal Clean (HCCI, $15.24, down $0.05), Hillenbrand (HI, $24.51, down $0.19), Hillshire (HSH, $35.66, Flat), Home Properties (HME, $64.17, down $0.88), HSN, (HSNI, $52.98, down $0.18), ICG (ICGE, $11.64, down $0.26),  IdaCorp (IDA, $48.10, down $0.32), Immersion (IMMR, $10.39, up $0.02), Imperva (IMPV, $38.84, down $0.03), inContact, (SAAS, $7.96, up $0.08), Incyte (INCY, $22.50, down $0.27), Ingredion (INGR, $71.75, down $1.04), International Paper (IP, $46.41, down $1.17), InvenSense (INVN, $9.40, up $0.06), Inventure Foods (SNAK, $7.73, down $0.14), Investment Technology (ITG, $10.43, up $0.02), Iridium (IRDM, $6.72, Flat), ITT (ITT, $27.18, down $0.05), Journal (JRN, $6.81, down $0.04), Kellogg (K, $65.70, down $0.10), Kemper (KMPR, $31.16, down $0.01), Key (KTEC, $12.35, down $0.54), Kite (KRG, $6.55, up $0.05), Kodiak Oil (KOG, $7.82, down $0.05), Kraft (KRFT, $50.92, down $0.36), LeapFrog (LF, $8.77, down $0.17), Lexington (LXP, $12.44, up $0.07), Lifetime (LCUT, $12.86, up $0.06), LinkedIn (LNKD, $187.76, down $0.11), Liquidity (LQDT, $34.45, down $0.99), Mac-Gray (TUC, $13.34, down $0.12), Magellan Midstream (MMP, $52.87, down $1.31), Manchester (MANU, $17.89, up $0.65), Masimo (MASI, $19.61, down $0.11),  MasTec, (MTZ, $28.32, down $0.38), MDC (MDC, $38.18, up $1.16), Medley (MCC, $15.36, up $0.22), MEDNAX (MD, $87.69, up $0.23), Mercer (MERC, $6.35, down $0.07), MGM (MGM, $13.52, down $0.01), Michael Baker (BKR, $24.13, down $0.26), Microchip (MCHP, $35.60, down $0.69), Moneygram (MGI, $16.28, down $0.57), Move (MOVE, $11.27, up $0.08), MRC (MRC, $29.28, down $0.71), MWI Veterinary (MWIV, $116.83, down $1.98), Mylan (MYL, $29.31, up $0.03), National CineMedia (NCMI, $16.29, down $0.05), New Jersey (NJR, $46.27, down $0.45), Navigators (NAVG, $57.00, up $0.11), Nektar (NKTR, $11.08, up $0.09), Neurocrine (NBIX, $11.93, up $0.01), NeuStar (NSR, $43.62, down $0.30), Northeast (NU, $44.86, up $0.02), Northwest Natural Gas (NWN, $44.33, down $0.31), Nu Skin (NUS, $50.04, down $0.62),  Ocwen (OCN, $36.35, down $0.87), OGE (OGE, $71.15, down $0.64), OM (OMG, $24.05, down $0.33), Omnicell (OMCL, $17.38, down $0.06), OpenTable (OPEN, $55.69, up $0.49), Orion Marine (ORN, $8.83, down $0.11), Palomar Medical (PMTI, $13.55, down $0.02), PBF (PBF, $31.72, down $0.32), PC Connection (PCCC, $15.17, down $0.14), PG&E (PCG, $47.95, up $0.07), Piedmont Office (PDM, $20.10, down $0.07), Power Integrations (POWI, $39.44, down $0.79), PPL (PPL, $33.03, up $0.20), PROS (PRO, $24.90, down $0.59), QLogic (QLGC, $10.54, down $0.22), RealPage (RP, $20.45, up $0.11), Remy (REMY, $17.15, up $0.32), Rouse (RSE, $18.45, up $0.11), Royal Gold (RGLD, $53.57, down $2.44),  Rudolph (RTEC, $11.01, down $0.09), Sally Beauty (SBH, $29.78, down $0.04), Sangamo (SGMO, $10.50, down $0.15), Sempra Energy (SRE, $81.78, up $0.26), Southwestern (SWN, $35.48, down $0.63), Standard Pacific (SPF, $9.12, up $0.26), Strayer (STRA, $48.00, down $0.05), SunPower (SPWR, $13.25, up $1.09), Swift (SFY, $12.71, down $0.28), Symmetry Medical (SMA, $11.89, down $0.05), Tempur-Pedic (TPX, $48.79, down $0.13), Teradata (TDC, $52.09, up $1.66), Thoratec (THOR, $37.39, up $0.53), Tower (TOWR, $15.99, down $0.02), TTM (TTMI, $6.94, down $0.21), UIL (UIL, $41.07, down $0.44), Universal Electronics (UEIC, $21.75, down $0.70), Vocera (VCRA, $20.18, down $0.31), Volcano (VOLC, $20.47, down $0.04), Vulcan Materials  (VMC, $46.52, down $0.90), Weatherford (WFT, $12.543, down $0.23), Web.com (WWWW, $17.29, up $0.03), Weight Watchers (WTW, $42.07, down $0.01), West (WST, $63.03, down $0.58), Western Refining (WNR, $31.53, down $0.12), Weyco (WEYS, $23.47, down $0.08), Winthrop Realty Trust (FUR, $12.10, down $0.14), World Wrestling (WWE, $9.17, up $0.02), WPX Energy (WPX, $15.74, up $0.01), Xcel Energy (XEL, $31.22, down $0.10), XL (XL, $31.15, down $0.36), ZAGG (ZAGG, $6.83, down $0.03), Zebra (ZBRA, $45.75, down $0.35)

 

Friday

Alliant Energy (LNT, $51.97, up $0.04), American Capital (MTGE, $25.86, down $0.05), Arbor Realty Trust (ABR, $7.51, down $0.06), Automatic Data (ADP, $66.59, down $0.18), Balchem (BCPC, $42.69, down $0.97), Buckeye (BPL, $61.63, down $1.06), CBOE (CBOE, $36.53, down $0.08), City (CHCO, $37.70, down $0.12), Consolidated Edison (ED, $62.84, down $0.15), CubeSmart (CUBE, $16.57, up $0.05), Drew (DW, $35.99, up $0.22), Duke Energy (DUK, $74.86, down $0.28), The Ensign (ENSG, $34.39, down $0.15), Exelis (XLS, $10.76, down $0.06), Host Hotels (HST, $17.73, down $0.15), ICF (ICFI, $25.74, down $0.23), Johnson (JOUT, $22.64, down $0.17), Koppers (KOP, $42.61, down $1.12), KVH (KVHI, $13.02, down $0.01), Moody’s (MCO, $55.12, up $0.07), National Financial (NFP, $25.29, down $0.05), National Fuel Gas (NFG, $61.02, down $0.19), National Healthcare (NHC, $45.92, down $0.05), Newcastle (NCT, $11.18, up $0.26), Newell Rubbermaid (NWL, $26.45, down $0.33), NorthStar (NRF, $9.69, down $0.04), NV Energy (NVE, $21.17, up $0.13), Olympic Steel (ZEUS, $19.93, down $0.25), PDL BioPharma (PDLI, $7.70, up $0.01), Pepco (POM, $22.18, up $0.03), Pilgrim’s Pride (PPC, $9.53, down $0.19), Pinnacle West (PNW, $60.70, down $0.06), Regeneron (REGN, $216.60, down $0.15), Ruth’s Hospitality (RUTH, $9.77, down $0.14), Shenandoah (SHEN, $16.03, up $0.01), Skechers (SKX, $20.87, down $0.71), Spectra (SE, $31.17, up $0.19), Spectra Energy (SEP, $37.72, down $0.45), Targa (TRGP, $65.72, down $0.39), Targa (NGLS, $46.72, up $0.04), Telephone & Data (TDS, $21.89, down $0.11), The Madison Square Garden (MSG, $56.41, down $0.29), Trex (TREX, $48.61, down $1.07), Ultra Petroleum (UPL, $20.93, down $0.04), WellCare Health Plans (WCG, $57.80, up $0.08), YRC (YRCW, $7.22, up $0.13)

 

= = = = = = = = = = = = =

 

5.  Weekly Wrap Covered Call Portfolio Update (Closing prices as of 4/26/13)

Our Weekly Wrap Closed Trade Track Record for 2013 is 12-1 (56-3, overall since late 2010).

 

magicJackVocalTec (CALL, $16.97, up $0.45)

May 17.50 calls (CALL130518C00017500, $0.75, up $0.15)

Original Entry Price:  $16.65 (4/9/13)

Lowered Price from Selling Options:  $15.75

Exit Target:  $18-$20

Return:  8%

Stop Target:  $14

Action:  Shares tested near-term support at $15.03 on Monday but made higher highs and higher lows the rest of the week including Thursday’s 6% jump to $16.52.  There was a little follow through on Friday as shares pushed $17 and resistance.  A break above this level would be bullish for a possible run to $19.  Support is at $15 and the 100-day MA.

call42813

We recommended buying magicJack at $16.65 on 4/9/13.  We also sold the May 17.50 calls for 90 cents which lowered our cost basis to $15.75.  If we are called away at $17.50 in mid-May the trade will make 11%. 

 

Genworth Financial (GNW, $9.87, down $0.12)

Original Entry Price:  $9.88 (4/2/13)

Lowered Price from Selling Options:  $9.88

Exit Target:  $15+

Return:  0%

Stop Target:  $8

Action:  Shares fell to a low of $9.06 on Monday with support at $9 holding.  There was further help at $8.50 but shares closed at $9.31 and only lost 6 cents.  We said a close above $9.50 would be bullish and Tuesday’s jump to $9.65 was the clue we were looking for on a push to $10.  Wednesday pop to $9.90 was golden and Thursday’s close of $9.99 was a penny-below double-digits.  Friday’s high was $10.03 and a close above this level sets up a run to the 52-week high of $10.74.  Support is at $9 and the 100-day MA.  We will wait for higher prices before selling an option.

GNW42813

We recommended buying Genworth Financial at $9.88 on 4/2/13.

 

Dendreon (DNDN, $4.36, flat)

August 6 calls (DNDN130817C00006000, $0.35, flat)

Original Entry Price:  $4.91 (4/2/13)

Lowered Price from Selling Options:  $4.36

Exit Target:  $8+

Return:  0%

Stop Target:  $2

Action:  Dendreon has been flirting with the $4.50 level in recent weeks that has been serving as support but is now short-term resistance.  We said last week $4.30 needed to hold or shares faced further risk down to $4.  Shares held $4.50 until Wednesday’s close of $4.44.  Thursday’s low was $4.35 and Friday’s bottom was $4.32.  We would like to see a rebound past $4.50 this week for a possible run back to $5+.  We believe the company is a buyout candidate in the $8-$10 range over the next 12-24 months.  A break below $4.20 could lead to $4.

DNDN42813

We recommended buying Dendreon at $4.91 on 4/2/13.  We also sold the August 6 calls for 55 cents which lowered our cost basis to $4.36.  If we are called-away at $6 in mid-August, the trade will make 38%.

 

Bank of America (BAC, $12.42, down $0.02)

Original Entry Price:  $11.61 (3/5/13)

Lowered Price from Selling Options:  $11.16

Exit Target:  $15+

Return:  11%

Stop Target:  $11.20, raise to $12 (Hard Stop)

Action:  Shares tested support at $11.50 to start the week, falling to $11.57 before ending the session higher.  We got a close back above $12 and the 50-day MA on Tuesday and a 3% pop on Wednesday to $12.37.  Thursday’s high of $12.54 gets $12.75 and the 52-week high of $12.94 back in the mix on continued strength.  Support is moving up from $11.50 to $12 but we have raised the Hard Stop from $11.20 to $12 in case shares start to fade.  We are waiting to write a call when shares clear $13 on the close.

BAC42813

We recommended buying Bank of America at $11.61 on 3/5/13.

On 3/21/13 we sold the April 12.50 (WEEKLY) calls for $0.45, down which lowered our cost basis to $11.16.

 

Apollo Group (APOL, $17.93, down $0.14) (Short Position)

Original Entry Price:  $16.10 (3/4/13)

Lowered Price from Selling Options:  None

Exit Target:  $12

Return:  -10%

Stop Target:  $20

Action:  Shares traded to a low of $17.08 to start the week and rebounded to $17.62 on Tuesday before the drop below $17 on Wednesday.  We were miffed by the 6% pop on Thursday as shares cleared $18 to push resistance.  Friday’s dip back under $18 was nice but there is a chance $20 comes into play on continued strength.  We are looking for another break below $17 and the downtrend channel.  The 52-week low is $15.98.

APOL42813

We recommended shorting Apollo Group at $16.10 on 3/4/13.

 

Keryx Biopharmaceuticals (KERX, $8.15, down $0.19)

May 9 calls (KERX130518C00009000, $0.20, down $0.05)

Original Entry Price:  $7.22 (2/12/13)

Lowered Price from Selling Options:  $6.72

Exit Target:  $10+

Return:  21%

Stop Target:  None

Action:  Keryx made a run past $8.50 on Monday and traded to a high of $8.64 followed by Tuesday’s pop to $8.77.  However, shares failed to hold $8.50 either session and they tested $8 on Wednesday’s pullback.  There was another failed attempt at a breakout on Thursday as shares peaked at $8.41 and Friday’s test back near $8 was a bummer.  If shares close below $8 there is risk back down to $7.50.  A close above $8.50 should get $9 in play and a possible push to $10.

KERX42813

We recommended buying KERX at $7.22 on 2/12/13.

On 4/9/13 we sold the May 9 calls for 50 cents which lowered our cost basis to $6.72.  If we are called away at $9 in mid-May the trade will make us 34%.

 

Solazyme (SZYM, $9.25, up $0.17)

Original Entry Price:  $12.35 (8/9/12)

Lowered Price from Selling Options:  $11.55

Exit Target: $15+

Return:   -20%

Stop Target:  None

Action:  Solazyme had a strong week as shares tested $8 on Monday and Tuesday before Wednesday’s surge to $8.75.  Thursday’s push past $9 was beautiful and Friday’s pop to $9.34 showed additional strength.  The real test comes at $9.50 and the 200-day MA and if cleared, shares should push $10+.  Short-term support will try to hold at $9 and there is additional help at $8 that served as prior resistance.  Earnings are due out on May 8 and we are looking for an upside “surprise” for the suit-and-ties.

SZYM42813

We recommended buying SZYM at $12.35 on 8/9/2012 and for every 100 shares to sell the September 12.50 calls for 80 cents.  This lowered the cost basis to $11.55.

 

Pizza Inn (PZZI, $7.74, up $0.60)

Original Entry Price:  $4.50 (2/22/12)

Lowered Price from Selling Options:  No options available

Exit Target: $9

Return:  72%

Stop Target:  $7 (Close HALF), $6 on other half

Action:  Shares pushed $6 on Monday and Tuesday which has served short-term resistance but Wednesday’s jump to $6.70 got noticed as shares pushed 52-week highs.  Thursday’s 20% surge to $7.40 was on heavy volume with PZZI settling at $7.14 by the close.  Friday’s 8% pop to $7.74 was a bonus and shares reached a peak of $7.88.  We mentioned last week a former Applebee CEO was planning to open 10 stores in Kansas City along with the 20 we told you about in Florida and the 75 total the company plans to open over the next year.  We have a 6-12 month target of $10+ for the stock but we will close half the trade on a dip back below $7 that will try to serve as near-term support.  If not a test back to $5 could be possible and where we would start new positions.

PZZI42813

We recommended buying PZZI at $4.50 on 2/22/12.

 

MGM Resorts International (MGM, $13.52, down $0.01)

Original Entry Price:  $13.77 (2/2/12)

Lowered Price from Selling Options:  $12.35

Exit Target:  $15

Return:  10%

Stop Target:  None

Action:  MGM had a tremendous week, surging 11% and reaching a high of $13.74.  The 52-week high is at $13.78.  Earnings are due out this week on Thursday and while we believe they will be better-than-expected, there is risk back to $12.50 and the 100-day MA on a miss.  The 52-week high could be challenged if all goes well and we have been calling for a run to $15 since the beginning of the year.

We said last week we wanted to wait for a close above $12.50 to sell another call option because we think longer-term shares will be north of $15 and now we have a decision to make.  If shares pull back to $12 on an earnings miss we may close the position.  We will send out a Weekly Wrap Trade Alert if we take any action on the news this week.

MGM42813

We recommended buying MGM at $13.77 on 2/2/2012 and for every 100 shares to sell the March 15 calls for 45 cents.  This lowered the cost basis to $13.32.

On 3/20/12 we recommended selling the April 14 calls for $0.65 which lowered the cost basis to $12.67.

On 2/13/13 we recommended selling the March 14 calls for $0.32 which lowered the cost basis to $12.35.

 

Trades on HOLD (7):  DryShips (DRYS, $1.81, down $0.03), AKS Steel Holding (AKS, $3.16, down $0.05), Rare Element Resources (REE, $1.84, down $0.02), Rambus (RMBS, $6.59, up $0.24), Bebe Stores (BEBE, $5.18, up $0.37), Scientific Games (SGMS, $8.62, up $0.07), Vivus (VVUS, $12.91, up $0.48)

 

= = = = = = = = = = = = = = =

 

6.  Week Ahead 

Ecocal42813