Pre-Market Report for February 22, 2013 : INTU, WBMD, ARUN, HPQ, AGU, FLS, CHTR, EGO, PNW, IPG, NVE, ANF, WCRX, HMSY, POR, B

Stock market is expected to flat higher tomorrow. It is on the path of correction now but it won't move fast enough. Today's sell off and late rally suggest its going to be very difficult making any money in this market. Don't leave your profit on the table. If you make profit book it or use trailing stops. Fed has been printing generously and what they do and what they talk are two different thing. If we look at this week balance shit, they increased again, which means they will be major rally again next week with any BS rumor.

Federal Reserve Raising their assets again supporting S&P500 at 1535.

There is no changes to yesterday chart as trading plan remains the same.

Market is expected to open flat higher tomorrow.

Watch out INTU, WBMD, BKS, HPQ, ARUN for day trade.

S&P500:

R3	1,525.14	Fib R3	1,518.40	Brk Out Long	1,510.48
R2	1,518.55	Fib R2	1,512.98	Short	1,506.45
R1	1,510.48	Fib R1	1,509.46	HL2	1,505.11
Pivot	1,503.89	Pivot	1,503.89	HL1	1,503.76
S1	1,495.82	Fib S1	1,498.32	LL1	1,501.08
S2	1,489.23	Fib S2	1,494.80	LL2	1,499.73
S3	1,481.16	Fib S3	1,489.37	Long	1,498.39
				Brk Out Short	1,494.36

Dow Jones:

R3	14,020.45	Fib R3	13,973.06	Brk Out Long	13,931.85
R2	13,973.99	Fib R2	13,938.60	Short	13,906.23
R1	13,927.31	Fib R1	13,916.25	HL2	13,897.70
Pivot	13,880.85	Pivot	13,880.85	HL1	13,889.16
S1	13,834.17	Fib S1	13,845.46	LL1	13,872.08
S2	13,787.71	Fib S2	13,823.11	LL2	13,863.54
S3	13,741.03	Fib S3	13,788.64	Long	13,855.01
				Brk Out Short	13,829.39

AAPL:

R3	455.56	Fib R3	452.30	Brk Out Long	449.55
R2	452.37	Fib R2	449.95	Short	447.81
R1	449.21	Fib R1	448.43	HL2	447.22
Pivot	446.02	Pivot	446.02	HL1	446.64
S1	442.86	Fib S1	443.60	LL1	445.48
S2	439.67	Fib S2	442.08	LL2	444.90
S3	436.51	Fib S3	439.73	Long	444.31
				Brk Out Short	442.57

GOOG:

R3	817.81	Fib R3	811.49	Brk Out Long	803.36
R2	811.63	Fib R2	806.22	Short	799.44
R1	803.58	Fib R1	802.81	HL2	798.14
Pivot	797.40	Pivot	797.40	HL1	796.83
S1	789.35	Fib S1	791.99	LL1	794.23
S2	783.17	Fib S2	788.58	LL2	792.92
S3	775.12	Fib S3	783.31	Long	791.62
				Brk Out Short	787.70

GLD:

R3	154.90	Fib R3	154.14	Brk Out Long	153.45
R2	154.15	Fib R2	153.58	Short	153.04
R1	153.39	Fib R1	153.22	HL2	152.90
Pivot	152.64	Pivot	152.64	HL1	152.76
S1	151.88	Fib S1	152.07	LL1	152.48
S2	151.13	Fib S2	151.71	LL2	152.34
S3	150.37	Fib S3	151.15	Long	152.20
				Brk Out Short	151.79

SLV:

R3	28.18	Fib R3	28.04	Brk Out Long	27.89
R2	28.04	Fib R2	27.93	Short	27.81
R1	27.89	Fib R1	27.86	HL2	27.78
Pivot	27.75	Pivot	27.75	HL1	27.76
S1	27.60	Fib S1	27.64	LL1	27.70
S2	27.46	Fib S2	27.57	LL2	27.68
S3	27.31	Fib S3	27.47	Long	27.65
				Brk Out Short	27.57

UVXY:

R3	12.39	Fib R3	11.35	Brk Out Long	11.16
R2	11.37	Fib R2	10.78	Short	10.74
R1	10.84	Fib R1	10.41	HL2	10.59
Pivot	9.82	Pivot	9.82	HL1	10.45
S1	9.29	Fib S1	9.23	LL1	10.17
S2	8.27	Fib S2	8.86	LL2	10.03
S3	7.74	Fib S3	8.29	Long	9.88
				Brk Out Short	9.46

VXX:

R3	25.21	Fib R3	24.63	Brk Out Long	23.96
R2	24.64	Fib R2	24.17	Short	23.61
R1	23.96	Fib R1	23.87	HL2	23.50
Pivot	23.39	Pivot	23.39	HL1	23.38
S1	22.71	Fib S1	22.92	LL1	23.16
S2	22.14	Fib S2	22.62	LL2	23.04
S3	21.46	Fib S3	22.16	Long	22.93
				Brk Out Short	22.58

XIV

R3	25.55	Fib R3	24.78	Brk Out Long	23.17
R2	24.80	Fib R2	23.98	Short	22.57
R1	23.39	Fib R1	23.46	HL2	22.38
Pivot	22.64	Pivot	22.64	HL1	22.18
S1	21.23	Fib S1	21.82	LL1	21.78
S2	20.48	Fib S2	21.30	LL2	21.58
S3	19.07	Fib S3	20.50	Long	21.39
				Brk Out Short	20.79

TVIX

R3	5.58	Fib R3	5.14	Brk Out Long	5.02
R2	5.14	Fib R2	4.88	Short	4.84
R1	4.90	Fib R1	4.72	HL2	4.77
Pivot	4.46	Pivot	4.46	HL1	4.71
S1	4.22	Fib S1	4.20	LL1	4.59
S2	3.78	Fib S2	4.04	LL2	4.53
S3	3.54	Fib S3	3.79	Long	4.46
				Brk Out Short	4.28

Economic Calendar:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				2:00	EUR	German GDP (sa) (Final)	low		-0.6	-0.6
				2:00	EUR	German GDP (wda) (Final)	low		0.4	0.4
				3:00	EUR	EU's Almunia speaks on Competition Law in Paris	low
				4:00	EUR	German IFO Expectations	med		101.4	100.5
				4:00	EUR	German IFO Current Conditions	med		108.5	108
				4:00	EUR	German IFO Business Climate	med		104.9	104.2
				5:00	EUR	EU releases Winter 2013 European Economic Forecast	high
				5:00	EUR	ECB Executive Board member Coeure speaks on "Adjustment and growth in the euro area economies" at the NOVA School of Business and Economics	low
				6:30	EUR	ECB Executive Board member Asmussen takes part in panel discussion for the launch of the governance report in Berlin	low
				10:30	USD	Fed's Rosengren and Powell discuss report on "Crunch Time: Fiscal Crises and the Role of Monetary Policy" before the Initiative on Global Markets conference	low
				18:30	USD	Fed's Tarullo speaks on "International Cooperation in Financial Regulation" before the Cornell International Law Journal Symposium	low

After Hour Gainer and Loser:

Top Gaining Stocks		Price	%Change
TORM	Tor Minerals Inter...	16.25	52.58%
ARUN	Aruba Networks Inc...	23.98	15.30%
WBMD	Webmd Health Corp....	18.53	13.68%
ACTG	Acacia Research Co...	32.65	13.45%
VAC	Marriott Vacations...	45.67	13.07%
BMRN	Biomarin Pharmaceu...	59.49	11.68%
FIRE	Sourcefire Inc.	47.10	11.48%
PKD	Parker Drilling Co...	5.81	11.34%
NVGN	Novogen Limited	8.94	9.69%
BLOX	Infoblox	21.00	9.66%
EPAM	Epam Systems	22.79	9.30%
AVG	Avg Technologies	14.35	9.29%
ELLI	Ellie Mae	21.77	8.20%
AZZ	Azz Inc.	44.29	8.18%
SMS	Sims Metal Managem...	11.50	7.58%
COGO	Cogo Group Inc.	2.37	7.24%
MTG	Mgic Investment Co...	2.81	6.84%
WGO	Winnebago Industri...	19.08	6.55%
WFR	Memc Electronic Ma...	5.26	6.42%
UNIS	Unilife Corporatio...	2.58	5.74%

Top Losing Stocks		Price	%Change
WIFI	Boingo Wireless In...	6.12	-23.31%
FEO	First Trust Aberde...	20.69	-7.84%
RCKY	Rocky Brands Inc. ...	14.40	-6.61%
MX	Magnachip Semicond...	15.19	-5.36%
GNK	Genco Shipping & T...	2.70	-4.93%
VOLC	Volcano Corporatio...	23.50	-4.74%
SFY	Swift Energy Co.	13.00	-4.63%
SRTY	Proshares Ultrapro...	26.00	-4.55%
CLRX	Collabrx Inc.	3.82	-4.50%
INT	World Fuel Service...	42.00	-4.50%
NPSP	Nps Pharmaceutical...	7.60	-4.40%
IMMU	Immunomedics Inc. ...	2.59	-4.07%
FRO	Frontline	2.79	-3.79%
RNWK	Realnetworks Inc. ...	7.50	-3.72%
ATNY	Api Technologies C...	2.60	-3.70%
DG	Dollar General	43.86	-3.63%
FST	Forest Oil Corp.	5.81	-3.55%
TSO	Tesoro Corp.	51.43	-3.47%
VVUS	Vivus Inc.	12.45	-3.34%
BRC	Brady Corp. Cl A	33.31	-3.32%

Premarket Earning:

Agrium Inc. ( AGU ) is reporting for the quarter ending December 31, 2012. The fertilizers company's consensus earnings per share forecast from the 1 analyst that follows the stock is $2.02. This value represents a -13.68% decrease compared to the same quarter last year. AGU missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -38.67%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for AGU is 11.82 vs. an industry ratio of 8.30, implying that they will have a higher earnings growth than their competitors in the same industry. 

Flowserve Corporation ( FLS ) is reporting for the quarter ending December 31, 2012. The machinery company's consensus earnings per share forecast from the 11 analysts that follow the stock is $2.82. This value represents a 25.33% increase compared to the same quarter last year. FLS missed the consensus earnings per share in the 4th calendar quarter of 2011 by -0.44%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for FLS is 18.49 vs. an industry ratio of 15.40, implying that they will have a higher earnings growth than their competitors in the same industry. 

Charter Communications, Inc. ( CHTR ) is reporting for the quarter ending December 31, 2012. The satellite communications company's consensus earnings per share forecast from the 8 analysts that follow the stock is $-0.22. This value represents a -56.86% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for CHTR is -26.53 vs. an industry ratio of 267.70. 

Eldorado Gold Corporation ( EGO ) is reporting for the quarter ending December 31, 2012. The gold mining company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.15. This value represents a -6.25% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for EGO is 20.52 vs. an industry ratio of -1.20, implying that they will have a higher earnings growth than their competitors in the same industry. 

Pinnacle West Capital Corporation ( PNW ) is reporting for the quarter ending December 31, 2012. The electric power utilities company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.17. This value represents a 54.55% increase compared to the same quarter last year. PNW missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -0.9%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for PNW is 15.98 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. 

Interpublic Group of Companies, Inc. ( IPG ) is reporting for the quarter ending December 31, 2012. The advertising/marketing company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.54. This value represents a 10.20% increase compared to the same quarter last year. IPG missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -11.76%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for IPG is 15.80 vs. an industry ratio of 25.40. 

NV Energy, Inc ( NVE ) is reporting for the quarter ending December 31, 2012. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.07. This value represents a -240.00% decrease compared to the same quarter last year. NVE missed the consensus earnings per share in the 4th calendar quarter of 2011 by -266.67%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for NVE is 14.50 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. 

Abercrombie & Fitch Company ( ANF ) is reporting for the quarter ending January 31, 2013. The retail (shoe) company's consensus earnings per share forecast from the 26 analysts that follow the stock is $1.93. This value represents a 72.32% increase compared to the same quarter last year. In the past year ANF has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ANF is 17.18 vs. an industry ratio of -10.80, implying that they will have a higher earnings growth than their competitors in the same industry. 

Warner Chilcott plc ( WCRX ) is reporting for the quarter ending December 31, 2012. The drug company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.73. This value represents a -23.96% decrease compared to the same quarter last year. In the past year WCRX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 25.64%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for WCRX is 3.65 vs. an industry ratio of 4.80. 

HMS Holdings Corp ( HMSY ) is reporting for the quarter ending December 31, 2012. The medical information systems company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.24. This value represents a 33.33% increase compared to the same quarter last year. In the past year HMSY has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 28.57%. The "days to cover" for this stock exceeds 12 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for HMSY is 35.47 vs. an industry ratio of 74.40. 

Portland General Electric Company ( POR ) is reporting for the quarter ending December 31, 2012. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.42. This value represents a 7.69% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for POR is 14.94 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. 

Barnes Group, Inc. ( B ) is reporting for the quarter ending December 31, 2012. The machinery company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.51. This value represents a 18.60% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for B is 13.53 vs. an industry ratio of 15.40.