What computer operating system for your Premiere Elements 14?
When you right click a video track, you should see
Is that for just Video 1 or for all the opened video tracks. Does the same problem exist if your right click an audio track and select Display Style? It should not matter if you are using the Show Classic View or Show Audio View.
Please supply more information. Depending on your reply details, I will give you how to in order to delete the Adobe Premiere Elements Prefs file as a first troubleshooting step for this matter.
Please do not hesitate to ask questions or to ask for clarification on the above.