Feb 15th: Premarket Report for Dow Jones: CPB,QLIK,ELLI,HLF,NUS,USNA,MED,BTH, TFM, DTLK, LOGM, ACTV, A, BGS

Stock market is expected to open flat lower tomorrow. But its still not a downtrend. The channel is narrowing, as shown in the chart. Soon, market will move big whether up or down. But 13934 is the level to watch on downside while 14032 for the upside. It is side way market and very difficult to place a bet especially option. So avoid playing long put or call in this market. Watch HLF, NUS, MED, BTH, USNA for big squeeze. CPB, QLIK, DTLK, ELLI are other stock to watch.

Because there is no change to chart pattern, I am posting chart from yesterday. Market is expected to open flat lower

Federal Reserve total assets vs S&P500:

Federal Reserve have printed enough to support S&P500 at 1530 level

BE on the sideline but don't bet against this crazy market.

S&P500:

R3	1,534.13	Fib R3	1,528.54	Brk Out Long	1,526.40
R2	1,528.63	Fib R2	1,525.17	Short	1,523.89
R1	1,525.01	Fib R1	1,522.98	HL2	1,523.05
Pivot	1,519.51	Pivot	1,519.51	HL1	1,522.22
S1	1,515.89	Fib S1	1,516.05	LL1	1,520.54
S2	1,510.39	Fib S2	1,513.86	LL2	1,519.71
S3	1,506.77	Fib S3	1,510.48	Long	1,518.87
				Brk Out Short	1,516.36

Dow Jones:

R3	14,070.27	Fib R3	14,029.63	Brk Out Long	14,011.02
R2	14,030.32	Fib R2	14,004.32	Short	13,992.21
R1	14,001.85	Fib R1	13,987.90	HL2	13,985.93
Pivot	13,961.90	Pivot	13,961.90	HL1	13,979.66
S1	13,933.43	Fib S1	13,935.90	LL1	13,967.12
S2	13,893.48	Fib S2	13,919.48	LL2	13,960.85
S3	13,865.01	Fib S3	13,894.16	Long	13,954.57
				Brk Out Short	13,935.76

AAPL:

R3	478.43	Fib R3	474.96	Brk Out Long	470.78
R2	475.04	Fib R2	472.14	Short	468.69
R1	470.81	Fib R1	470.31	HL2	467.99
Pivot	467.42	Pivot	467.42	HL1	467.29
S1	463.19	Fib S1	464.52	LL1	465.89
S2	459.80	Fib S2	462.69	LL2	465.19
S3	455.57	Fib S3	459.87	Long	464.49
				Brk Out Short	462.40

XIV:

R3	23.76	Fib R3	23.37	Brk Out Long	22.99
R2	23.37	Fib R2	23.07	Short	22.78
R1	22.97	Fib R1	22.88	HL2	22.70
Pivot	22.58	Pivot	22.58	HL1	22.63
S1	22.18	Fib S1	22.28	LL1	22.49
S2	21.79	Fib S2	22.09	LL2	22.42
S3	21.39	Fib S3	21.80	Long	22.34
				Brk Out Short	22.13

VXX:

R3	23.67	Fib R3	23.27	Brk Out Long	22.92
R2	23.28	Fib R2	22.98	Short	22.71
R1	22.88	Fib R1	22.79	HL2	22.63
Pivot	22.49	Pivot	22.49	HL1	22.56
S1	22.09	Fib S1	22.19	LL1	22.42
S2	21.70	Fib S2	22.00	LL2	22.35
S3	21.30	Fib S3	21.70	Long	22.27
				Brk Out Short	22.06

UVXY:

R3	11.11	Fib R3	10.74	Brk Out Long	10.46
R2	10.74	Fib R2	10.48	Short	10.26
R1	10.41	Fib R1	10.31	HL2	10.20
Pivot	10.04	Pivot	10.04	HL1	10.13
S1	9.71	Fib S1	9.78	LL1	10.01
S2	9.34	Fib S2	9.61	LL2	9.94
S3	9.01	Fib S3	9.35	Long	9.88
				Brk Out Short	9.69

GLD:

R3	160.93	Fib R3	160.27	Brk Out Long	159.24
R2	160.29	Fib R2	159.68	Short	158.79
R1	159.32	Fib R1	159.29	HL2	158.65
Pivot	158.68	Pivot	158.68	HL1	158.50
S1	157.71	Fib S1	158.07	LL1	158.20
S2	157.07	Fib S2	157.68	LL2	158.05
S3	156.10	Fib S3	157.09	Long	157.91
				Brk Out Short	157.46

SLV:

R3	30.62	Fib R3	30.29	Brk Out Long	29.87
R2	30.30	Fib R2	30.02	Short	29.66
R1	29.88	Fib R1	29.84	HL2	29.60
Pivot	29.56	Pivot	29.56	HL1	29.53
S1	29.14	Fib S1	29.28	LL1	29.39
S2	28.82	Fib S2	29.10	LL2	29.32
S3	28.40	Fib S3	28.83	Long	29.26
				Brk Out Short	29.05

After hour gainer and loser:

Percentage Gainers
Issue	Symbol	Volume	Last	Chg	% Chg		High	Low
Herbalife	HLF	1,081,687	$45.25	6.98		18.24	$45.26	$37.61
Qlik Technologies	QLIK	871,123	26.13	3.37		14.81	30.57	21.81
Datalink	DTLK	32,045	10.25	0.98		10.57	10.60	8.88
ELLIE MAE	ELLI	162,256	23.00	2.12		10.15	23.50	20.85
Fresh Market	TFM	5,016	50.22	4.17		9.05	50.29	46.05
Hospira	HSP	67,811	32.70	2.65		8.81	32.70	30.03
Nu Skin Enterprises Cl A	NUS	12,140	44.00	2.07		4.94	44.30	41.70
Wet Seal Cl A	WTSLA	11,982	3.10	0.13		4.38	3.45	2.77
Pilgrim's Pride	PPC	10,284	9.50	0.39		4.28	9.50	8.45
GT Advanced Technologies	GTAT	175,842	3.90	0.15		4.00	3.90	3.19
Calpine	CPN	66,953	19.43	0.72		3.84	19.43	18.71
Research in Motion	BBRY	1,278,798	15.55	0.48		3.19	15.74	14.31

Percentage Decliners
Issue	Symbol	Volume	Last	Chg	% Chg		High	Low
LogMeIn	LOGM	200,278	$18.49	-5.17	-21.85		$23.66	$17.99
Active Network	ACTV	66,807	4.97	-0.58	-10.45		5.60	4.88
Agilent Technologies	A	486,577	41.00	-3.58	-8.03		44.58	40.50
B&G Foods	BGS	21,676	29.86	-2.38	-7.38		32.24	28.88
On Assignment	ASGN	22,136	23.20	-1.46	-5.92		24.74	23.00
Key Energy Services	KEG	18,445	8.50	-0.32	-3.63		8.90	8.50
Big Lots	BIG	25,210	33.55	-1.21	-3.49		34.76	33.55
Medivation	MDVN	23,668	51.52	-1.83	-3.43		54.74	51.52
J.C. Penney	JCP	74,606	19.35	-0.59	-2.96		20.04	19.25

Economic Calendar:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				3:00	EUR	President of the European Council Van Rompuy speaks at European Parliament	low
				5:00	EUR	Trade balance (nsa)	low			13.7
				8:30	USD	Empire State Survey	med		-3	-7.78
				9:00	USD	Net Long-term TICS Flows	low			52.3
				9:15	USD	Capacity utilisation	med		78.9	78.8
				9:15	USD	Industrial production	med		0.2	0.3
				9:50	USD	Fed's Pianalto speaks on economy and monetary policy in Florida	low
				9:55	USD	Univ of Mich Sent. (Prelim.)	med		74.5	73.8

Earning Calendar:

Enbridge Inc ( ENB ) is reporting for the quarter ending December 31, 2012. The oil (production/pipeline) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.45. This value represents a 21.62% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ENB is 26.77 vs. an industry ratio of 17.80, implying that they will have a higher earnings growth than their competitors in the same industry. 

Brookfield Asset Management Inc ( BAM ) is reporting for the quarter ending December 31, 2012. The finance/investment management company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.30. This value represents a -33.33% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for BAM is 28.26 vs. an industry ratio of 29.00. 

American Electric Power Company, Inc. ( AEP ) is reporting for the quarter ending December 31, 2012. The electric power utilities company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.45. This value represents a 12.50% increase compared to the same quarter last year. In the past year AEP has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2012 Price to Earnings ratio for AEP is 14.78 vs. an industry ratio of 8.40, implying that they will have a higher earnings growth than their competitors in the same industry. 

Ventas, Inc. ( VTR ) is reporting for the quarter ending December 31, 2012. The reit company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.97. This value represents a 8.99% increase compared to the same quarter last year. In the past year VTR has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for VTR is 17.97 vs. an industry ratio of 15.80, implying that they will have a higher earnings growth than their competitors in the same industry. 

Rogers Communication, Inc. ( RCI ) is reporting for the quarter ending December 31, 2012. The cable tv company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.73. This value represents a 4.29% increase compared to the same quarter last year. RCI missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -3.53%. The "days to cover" for this stock exceeds 34 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for RCI is 14.31 vs. an industry ratio of 14.40. 

V.F. Corporation ( VFC ) is reporting for the quarter ending December 31, 2012. The textile company's consensus earnings per share forecast from the 16 analysts that follow the stock is $3.03. This value represents a 30.60% increase compared to the same quarter last year. In the past year VFC has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 0.86%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for VFC is 15.87 vs. an industry ratio of 15.70, implying that they will have a higher earnings growth than their competitors in the same industry. 

Campbell Soup Company ( CPB ) is reporting for the quarter ending January 31, 2013. The food company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.66. This value represents a 3.13% increase compared to the same quarter last year. In the past year CPB has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 3.53%. The "days to cover" for this stock exceeds 11 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CPB is 14.97 vs. an industry ratio of 18.00. 

J.M. Smucker Company ( SJM ) is reporting for the quarter ending January 31, 2013. The food company's consensus earnings per share forecast from the 15 analysts that follow the stock is $1.37. This value represents a 12.30% increase compared to the same quarter last year. SJM missed the consensus earnings per share in the 1st calendar quarter of 2012 by -13.48%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for SJM is 17.34 vs. an industry ratio of 18.00. 

Digital Realty Trust, Inc. ( DLR ) is reporting for the quarter ending December 31, 2012. The reit company's consensus earnings per share forecast from the 16 analysts that follow the stock is $1.16. This value represents a 13.73% increase compared to the same quarter last year. In the past year DLR has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for DLR is 14.79 vs. an industry ratio of 15.80. 

TRW Automotive Holdings Corporation ( TRW ) is reporting for the quarter ending December 31, 2012. The auto (truck) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.35. This value represents a -26.63% decrease compared to the same quarter last year. In the past year TRW has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 6.9%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for TRW is 10.02 vs. an industry ratio of 10.80. 

Lincoln Electric Holdings, Inc. ( LECO ) is reporting for the quarter ending December 31, 2012. The machinery company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.74. This value represents a 8.82% increase compared to the same quarter last year. LECO missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -4.71%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for LECO is 17.97 vs. an industry ratio of 14.20, implying that they will have a higher earnings growth than their competitors in the same industry. 

Wabco Holdings Inc. ( WBC ) is reporting for the quarter ending December 31, 2012. The auto (truck) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.95. This value represents a -21.49% decrease compared to the same quarter last year. WBC missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -1.92%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for WBC is 15.95 vs. an industry ratio of 10.80, implying that they will have a higher earnings growth than their competitors in the same industry.