Pre-Market Report for February 28, 2013 : MCP, AMRN, DECK, YOKU, RY, TD, CM, VRX, SDRL, KSS, ANSS, IRM, OCN, RDC, CVC, WNR

9 Strangest rally and sell off in the lowest volume ever in Dow Jones.

Stock market is expected to open flat lower tomorrow. But rest of the day rally or flat market will depend on whether US GDP is higher or negative. If US GDP is positive or below -0.05 then market will be flat. If US GDP is below -.0.05% and 0 then its good news and market will sell off.

Watch the movement in GLD, SLV, NUGT, MCP, AMRN, DECK. Best advice would be sit with cash.


Dow Jones Resistance Level:

R3	14,384.76	Fib R3	14,242.56	Brk Out Long	14,198.94
R2	14,244.81	Fib R2	14,159.44	Short	14,137.15
R1	14,160.09	Fib R1	14,105.51	HL2	14,116.56
Pivot	14,020.14	Pivot	14,020.14	HL1	14,095.96
S1	13,935.42	Fib S1	13,934.77	LL1	14,054.78
S2	13,795.47	Fib S2	13,880.84	LL2	14,034.18
S3	13,710.75	Fib S3	13,797.72	Long	14,013.59
				Brk Out Short	13,951.80

1. 
   

S&P500:

R3	1,550.95	Fib R3	1,535.26	Brk Out Long	1,529.85
R2	1,535.52	Fib R2	1,525.94	Short	1,522.92
R1	1,525.75	Fib R1	1,519.89	HL2	1,520.61
Pivot	1,510.32	Pivot	1,510.32	HL1	1,518.30
S1	1,500.55	Fib S1	1,500.74	LL1	1,513.68
S2	1,485.12	Fib S2	1,494.69	LL2	1,511.37
S3	1,475.35	Fib S3	1,485.37	Long	1,509.06
				Brk Out Short	1,502.13

1. 
   

GLD:

R3	156.94	Fib R3	156.25	Brk Out Long	155.41
R2	156.27	Fib R2	155.69	Short	154.99
R1	155.42	Fib R1	155.33	HL2	154.85
Pivot	154.75	Pivot	154.75	HL1	154.71
S1	153.90	Fib S1	154.17	LL1	154.43
S2	153.23	Fib S2	153.81	LL2	154.29
S3	152.38	Fib S3	153.25	Long	154.15
				Brk Out Short	153.73

1. 
   

SLV:

R3	28.57	Fib R3	28.41	Brk Out Long	28.21
R2	28.42	Fib R2	28.28	Short	28.11
R1	28.21	Fib R1	28.19	HL2	28.08
Pivot	28.06	Pivot	28.06	HL1	28.04
S1	27.85	Fib S1	27.92	LL1	27.98
S2	27.70	Fib S2	27.83	LL2	27.94
S3	27.49	Fib S3	27.70	Long	27.91
				Brk Out Short	27.81

1. 
   

AAPL:

R3	462.91	Fib R3	457.56	Brk Out Long	451.05
R2	457.68	Fib R2	453.20	Short	447.81
R1	451.12	Fib R1	450.37	HL2	446.73
Pivot	445.89	Pivot	445.89	HL1	445.65
S1	439.33	Fib S1	441.41	LL1	443.49
S2	434.10	Fib S2	438.58	LL2	442.41
S3	427.54	Fib S3	434.21	Long	441.33
				Brk Out Short	438.09

1. 
   

GOOG:

R3	819.62	Fib R3	812.05	Brk Out Long	807.28
R2	812.19	Fib R2	807.00	Short	803.53
R1	805.98	Fib R1	803.73	HL2	802.28
Pivot	798.55	Pivot	798.55	HL1	801.03
S1	792.34	Fib S1	793.36	LL1	798.53
S2	784.91	Fib S2	790.09	LL2	797.28
S3	778.70	Fib S3	785.04	Long	796.03
				Brk Out Short	792.28

1. 
   

UVXY:

R3	15.66	Fib R3	14.73	Brk Out Long	13.25
R2	14.75	Fib R2	13.88	Short	12.62
R1	13.37	Fib R1	13.33	HL2	12.41
Pivot	12.46	Pivot	12.46	HL1	12.20
S1	11.08	Fib S1	11.59	LL1	11.78
S2	10.17	Fib S2	11.04	LL2	11.57
S3	8.79	Fib S3	10.19	Long	11.36
				Brk Out Short	10.73

1. 
   

VXX:

R3	28.61	Fib R3	27.69	Brk Out Long	26.19
R2	27.71	Fib R2	26.84	Short	25.56
R1	26.32	Fib R1	26.29	HL2	25.35
Pivot	25.42	Pivot	25.42	HL1	25.14
S1	24.03	Fib S1	24.55	LL1	24.72
S2	23.13	Fib S2	24.00	LL2	24.51
S3	21.74	Fib S3	23.15	Long	24.30
				Brk Out Short	23.67

1. 
   

XIV:

R3	21.72	Fib R3	20.72	Brk Out Long	20.34
R2	20.74	Fib R2	20.12	Short	19.89
R1	20.09	Fib R1	19.73	HL2	19.74
Pivot	19.11	Pivot	19.11	HL1	19.59
S1	18.46	Fib S1	18.49	LL1	19.29
S2	17.48	Fib S2	18.10	LL2	19.14
S3	16.83	Fib S3	17.50	Long	18.99
				Brk Out Short	18.54

1. 
   

TVIX:

R3	6.94	Fib R3	6.55	Brk Out Long	5.92
R2	6.56	Fib R2	6.19	Short	5.66
R1	5.97	Fib R1	5.96	HL2	5.57
Pivot	5.59	Pivot	5.59	HL1	5.48
S1	5.00	Fib S1	5.22	LL1	5.30
S2	4.62	Fib S2	4.99	LL2	5.21
S3	4.03	Fib S3	4.63	Long	5.12
				Brk Out Short	4.86

1. 
   

Economic Calendar:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				2:45	EUR	French Consumer Spending	low		-0.3
				2:45	EUR	French Consumer Spending	low			-0.1
				2:45	EUR	French PPI	med		1.3	1.7
				2:45	EUR	French PPI	med		0.3	-0.3
				3:15	EUR	EU Commissioner Almunia, ECB Executive Board member Praet, French FinMin Moscovici and Italian PM Monti speak at European Competition Forum in Brussels	low
				3:55	EUR	German Unemployment Change	med			-16
				3:55	EUR	German Unemployment Rate (sa)	high		6.8	6.8
				4:30	EUR	European Investment Bank President Hoyer to hold the EIB's annual news conference	low
				5:00	EUR	ECB Vice President Constancio speaks at Centre for European Policy Studies annual conference on "Banking Union: Stepping Stone or Catalyst?"	low
				5:00	EUR	HICP - Core (Final)	med		1.5	1.5
				5:00	EUR	HICP (Final)	med		-1	0.4
				5:00	EUR	HICP (Final)	med		2	2
				8:00	EUR	German HICP (Prelim.)	high		1.7	1.9
				8:00	EUR	German CPI (Prelim.)	low		0.7	-0.5
				8:00	EUR	German HICP (Prelim.)	high		0.7	-0.7
				8:00	EUR	German CPI (Prelim.)	low		1.7	1.7
				8:15	USD	Fed's Lockhart gives introductory remarks before the 2013 Banking Outlook conference	low
				8:30	USD	Initial Claims	med		360	362
				8:30	USD	GDP Annualised (Prelim.)	high		0.5	-0.1
				8:30	USD	GDP Deflator (Prelim.)	low		0.6	0.6
				8:30	USD	Core PCE Price Index (Prelim.)	med		0.9	0.9
				9:45	USD	Chicago PMI	med		54	55.6
				10:00	EUR	ECB Executive Board member Praet participates in panel discussion at the European Commission European Competition forum in Brussels	low
				10:30	USD	IMF holds regular news conference	med
				11:00	USD	Fed's McAndrews takes part in news briefing on the Q4 2012 report on household debt and credit	low
				12:00	EUR	EU Commissioner Rehn and EU President Van Rompuy speak at conference by Policy Network on "Prospects for Revival in the Eurozone - and what place for Britain in Europe?"	low
				12:30	USD	Fed's Bloom Raskin speaks before the 2013 Banking Outlook conference	low
				19:00	USD	S&P Dow Jones Index Quarterly Review Preliminary Announcement	low
				19:00	EUR	European Commission Single Supervisory Mechanism framework for EU banks goes into effect	med
				20:00	USD	Fed's Evans speaks to the CFA Society of Iowa's Annual Investment strategy dinner	low
				22:00	USD	Fed Chairman Bernanke speaks on "Low Long Term Interest Rates" before the "Research Conference: The Past and Future of Monetary Policy"	low

1. 
   

After Hours Movers

Top Gaining Stocks Price %Change MNOV Medicinova Inc 3.85 21.84% FARO Faro Technologies ... 42.00 16.67% NVGN Novogen Limited 7.50 12.28% BWC Babcock & Wilcox C... 28.75 8.78% NAK Northern Dynasty M... 3.50 7.03% SSTK Shutterstock Inc 33.65 6.92% RICK Rick's Cabaret Int... 8.92 6.44% GVA Granite Constructi... 37.20 5.77% DVR Cal Dive Internati... 2.18 5.31% SRT Startek Inc. 5.23 5.18% CPL Cpfl Energia S.a. ... 21.24 5.10% TILE Interface Inc. 19.00 4.40% QCOR Questcor Pharmaceu... 34.42 4.30% CLR Continental Resour... 87.50 4.20% UNIS Unilife Corporatio... 2.66 3.91% PW Power Reit 11.12 3.88% KAI Kadant Inc. 25.22 3.48% ANIK Anika Therapeutics... 11.06 3.27% EBIX Ebix Inc. 15.90 3.05% TASR Taser Internationa... 7.23 2.99%

Top Losing Stocks Price %Change GRPN Groupon Inc. 4.44 -25.78% BSFT Broadsoft Inc. 23.31 -24.60% MCHX Marchex Inc. 3.00 -20.84% TSPT Transcept Pharmace... 4.95 -19.12% ANW Aegean Marine Petr... 5.92 -15.31% JCP J.c. Penney Co. In... 18.16 -14.18% LPL LG Display Co. Ads... 12.48 -12.74% VCRA Vocera Communicati... 25.90 -10.90% CWH Commonwealth Reit ... 21.14 -6.09% HJV MS Structured Asse... 18.50 -6.04% JBN Select Asset Inc. ... 18.50 -5.95% KTP Structured Product... 20.15 -5.27% STAA Staar Surgical Com... 5.50 -5.17% FANG Diamondback Energy... 19.97 -4.72% CLDT Chatham Lodging Tr... 15.68 -4.22% NCMI National Cinemedia... 14.58 -4.14% HNSN Hansen Medical Inc... 2.23 -3.88% P Pandora Media 12.25 -3.85% DFRG Del Frisco's Resta... 17.20 -3.70% DGI Digitalglobe Inc 26.09 -3.41%

1. 
   

Premarket Earning:
Royal Bank Of Canada ( RY ) is reporting for the quarter ending January 31, 2013. The bank (foreign) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.34. This value represents a 8.06% increase compared to the same quarter last year. The "days to cover" for this stock exceeds 30 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for RY is 11.50 vs. an industry ratio of 14.10. 

Toronto Dominion Bank ( TD ) is reporting for the quarter ending January 31, 2013. The bank (foreign) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.94. This value represents a 3.19% increase compared to the same quarter last year. In the past year TD has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 2.22%. The "days to cover" for this stock exceeds 13 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TD is 10.51 vs. an industry ratio of 14.10. 

Canadian Imperial Bank of Commerce ( CM ) is reporting for the quarter ending January 31, 2013. The bank (foreign) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.09. This value represents a 5.56% increase compared to the same quarter last year. In the past year CM has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 4.57%. The "days to cover" for this stock exceeds 45 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CM is 9.63 vs. an industry ratio of 14.10. 

Valeant Pharmaceuticals International, Inc. ( VRX ) is reporting for the quarter ending December 31, 2012. The drug company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.25. This value represents a 38.89% increase compared to the same quarter last year. In the past year VRX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 1.83%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for VRX is 14.58 vs. an industry ratio of 8.10, implying that they will have a higher earnings growth than their competitors in the same industry. 

Seadrill Limited ( SDRL ) is reporting for the quarter ending December 31, 2012. The oil & gas drilling company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.64. This value represents a -9.86% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SDRL is 12.81 vs. an industry ratio of 9.00, implying that they will have a higher earnings growth than their competitors in the same industry. 

Kohl's Corporation ( KSS ) is reporting for the quarter ending January 31, 2013. The retail company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.63. This value represents a -9.94% decrease compared to the same quarter last year. In the past year KSS has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 4.6%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for KSS is 11.02 vs. an industry ratio of 12.30. 

ANSYS, Inc. ( ANSS ) is reporting for the quarter ending December 31, 2012. The computer software company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.68. This value represents a 6.25% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ANSS is 28.34 vs. an industry ratio of 12.80, implying that they will have a higher earnings growth than their competitors in the same industry. 

Iron Mountain Incorporated ( IRM ) is reporting for the quarter ending December 31, 2012. The business services company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.25. This value represents a -24.24% decrease compared to the same quarter last year. IRM missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -2.86%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for IRM is 27.67 vs. an industry ratio of 34.10. 

Ocwen Financial Corporation ( OCN ) is reporting for the quarter ending December 31, 2012. The financial management & related services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.51. This value represents a 112.50% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for OCN is 25.94 vs. an industry ratio of 19.50, implying that they will have a higher earnings growth than their competitors in the same industry. 

Rowan Companies plc ( RDC ) is reporting for the quarter ending December 31, 2012. The oil & gas drilling company's consensus earnings per share forecast from the 25 analysts that follow the stock is $0.49. This value represents a 53.13% increase compared to the same quarter last year. RDC missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -18.75%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for RDC is 18.18 vs. an industry ratio of 9.00, implying that they will have a higher earnings growth than their competitors in the same industry. 

Cablevision Systems Corporation ( CVC ) is reporting for the quarter ending December 31, 2012. The cable tv company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.10. This value represents a -65.52% decrease compared to the same quarter last year. CVC missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -10.53%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for CVC is 27.30 vs. an industry ratio of 14.00, implying that they will have a higher earnings growth than their competitors in the same industry. 

Western Refining, Inc. ( WNR ) is reporting for the quarter ending December 31, 2012. The oil refining company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.37. This value represents a 185.42% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for WNR is 6.68 vs. an industry ratio of 18.50.