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July 2, 2013  Tue 7:35 AM CT

ZNGA: SEE CHART GET CHAIN FIND STRATEGIES

Xbox Exec at the Helm

Zynga announced it hired Don Mattrick as CEO, replacing founder Marc Pincus. Mattrick is well known for building Microsoft's Xbox into a major gaming platform, and the news is propelling ZNGA higher by 7 percent before the bell on my tradeMONSTER platform.

Achillion Down on FDA Move

Achillion Pharmaceuticals said the Food & Drug Administration froze clinical trials of its experimental hepatitis C drug after some patients reported higher liver enzymes. ACHN craters 21 percent in the premarket.

Xyratex Rises on Strong Results

Xyratex reported second-quarter earnings of $0.10 a share, while analysts had expected a $0.05 loss. Revenue of $216.2 billion also topped the $203.2 million consensus number. XRTX rose 5 percent in early trading.

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Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

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