Pre-Market Report for May 23, 2013 : FAZ, TZA, UVXY, VXX, ERY, SPXU, HPQ, PSUN, TD, RL, HRL, DLTR, AAP, SIG, GME, PDCO, ALKS, BKE, TTC, AINV

Stock market is expected to open lower tomorrow. This market will not correct unless it open lows on Friday and close down by 100 point. 

I'll be watching HPQ, PSUN, TZA, UVXY, DLTR, GME

Economic Calendar:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				2:58	EUR	French Flash Manufacturing PMI	low	45.5	44.7	44.4
				2:58	EUR	French Flash Services PMI	low	44.3	44.5	44.3
				3:28	EUR	German Flash Manufacturing PMI	med		48.5	48.1
				3:28	EUR	German Flash Services PMI	med		50	49.6
				3:58	EUR	Flash Composite PMI	med		47.2	46.9
				3:58	EUR	Flash Services PMI	med		47.2	47
				3:58	EUR	Flash Manufacturing PMI	med		47	46.7
				5:00	EUR	Ind. New Orders (sa)	low
				5:00	EUR	Ind. New Orders (wda)	low
				5:30	EUR	ECB Governing Council member Nowotny speaks at press conference following Austrian CB's AGM	low
				6:05	USD	Fed's Bullard speaks on the U.S. economy and monetary policy at OMFIF	low
				8:30	USD	Initial Claims	med		345	360
				8:50	EUR	ECB Executive Board member Coeure and Governing Council member Liikanen give speeches at 2013 Annual conference organised by the International Capital Market Association	low
				8:58	USD	Flash Manufacturing PMI	low		51.4	52.1
				9:00	USD	FHFA House Price Index	med		0.8	0.7
				10:00	USD	Treasury Under Secretary Brainard testifies on "European Union Economic Relations: Crisis and Opportunity" to Senate	low
				10:00	USD	New Home Sales	med		425	417
				10:00	EUR	Flash Consumer Sentiment	low		-21.8	-22.3
				10:30		IMF holds regular scheduled news conference	low
				12:00	EUR	French BoF Governor Noyer speaks at BoF press conference	low
				15:30	EUR	ECB President Draghi speaks on "The Future of Europe in the Global Economy" organised by the the Lord Mayor of London	low
				20:00	EUR	FinMin Schaeuble takes part in conference with FinMins of Germany's regional states	low
				20:00	EUR	Econ Minister Roesler and IEA Executive Director Van Der Hoeven to hold joint press conference on presenting IEA Germany 2013 review in Berlin	med
				20:00	EUR	ECB Executive Board member Constancio (12:30), EU Commissioners Barnier (07:00) and Rehn (15:45) speak at conference Financial Regulation in Brussels	low

After Hours Movers

Top Gaining Stocks Price %Change BDSI Biodelivery Scienc... 5.20 23.81% PSUN Pacific Sunwear of... 3.49 19.52% GPT Gramercy Property ... 5.58 18.72% FNP Fifth & Pacific Co... 25.85 16.97% TAHO Tahoe Resources In... 17.39 16.79% XOMA Xoma Corporation 4.61 16.41% SHO Sunstone Hotel Inv... 14.67 15.33% HPQ Hewlett-packard Co... 24.10 13.52% LPS Lender Processing ... 33.00 13.36% CETV Central European M... 3.90 9.24% QCLN First Trust Nasdaq... 14.96 9.13% GTI Graftech Internati... 8.97 8.86% NSU Nevsun Resources 3.85 8.76% DQ Daqo New Energy Ad... 8.73 8.09% MTSN Mattson Technology... 2.12 7.63% RST Rosetta Stone 17.89 7.31% FCH Felcor Lodging Tru... 6.38 7.13% HLF Herbalife 50.40 7.12% PKD Parker Drilling Co... 4.80 6.49% ACI Arch Coal Inc. 5.65 5.92%

Top Losing Stocks Price %Change FXCM Fxcm 12.08 -17.20% BONT Bon-ton Stores Inc... 16.13 -16.81% APRI Apricus Bioscience... 2.99 -9.39% BTO John Hancock Finan... 20.01 -9.17% PTRY Pantry Inc. 11.90 -8.88% RBS Royal Bank of Scot... 9.47 -8.59% OSTK Overstock.com Inc.... 23.00 -8.00% PHG Koninklijke Philip... 26.71 -7.99% CSE Capitalsource Inc.... 8.64 -7.59% SAAS incontact Inc. 7.30 -7.01% NTRI Nutrisystem Inc 8.29 -6.64% ACST Acasti Pharma Inc.... 2.39 -4.40% SWU Stanley Black & De... 135.05 -4.36% EVTC Evertec 19.17 -4.29% SFL Ship Finance Inter... 16.61 -4.10% CLNT Cleantech Solution... 9.31 -4.02% YGE Yingli Green Energ... 2.90 -3.97% APO Apollo Global Mana... 24.20 -3.70% NTWK Netsol Technologie... 8.85 -3.70% SPRD Spreadtrum Communi... 18.00 -3.64%

Premarket Earning:

Toronto Dominion Bank ( TD ) is reporting for the quarter ending April 30, 2013. The bank (foreign) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.83. This value represents a 2.23% 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 1st calendar quarter where they beat the consensus by 1.55%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TD is 10.71 vs. an industry ratio of 11.40. 

Ralph Lauren Corporation ( RL ) is reporting for the quarter ending March 31, 2013. The textile company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.30. This value represents a 31.31% increase compared to the same quarter last year. In the past year RL has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 8.6%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for RL is 23.61 vs. an industry ratio of 19.00, implying that they will have a higher earnings growth than their competitors in the same industry. 

Hormel Foods Corporation ( HRL ) is reporting for the quarter ending April 30, 2013. The meat product company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.49. This value represents a 2.08% increase compared to the same quarter last year. HRL missed the consensus earnings per share in the 1st calendar quarter of 2013 by -2.04%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HRL is 21.41 vs. an industry ratio of 14.30, implying that they will have a higher earnings growth than their competitors in the same industry. 

Dollar Tree, Inc. ( DLTR ) is reporting for the quarter ending April 30, 2013. The discount retail company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.57. This value represents a 14.00% increase compared to the same quarter last year. In the past year DLTR has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 2.02%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for DLTR is 17.64 vs. an industry ratio of 19.20. 

Advance Auto Parts Inc ( AAP ) is reporting for the quarter ending March 31, 2013. The wholesale retail company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.61. This value represents a 10.06% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AAP is 15.79 vs. an industry ratio of 15.10, implying that they will have a higher earnings growth than their competitors in the same industry. 

Signet Jewelers Limited ( SIG ) is reporting for the quarter ending April 30, 2013. The jewelry retail company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.12. This value represents a 16.67% increase compared to the same quarter last year. In the past year SIG has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 1.44%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SIG is 14.80 vs. an industry ratio of 23.90. 

Gamestop Corporation ( GME ) is reporting for the quarter ending April 30, 2013. The retail company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.40. This value represents a 25.93% decrease compared to the same quarter last year. In the past year GME has met analyst expectations once and beat the expectations the other three quarters. The "days to cover" for this stock exceeds 12 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for GME is 11.94 vs. an industry ratio of 15.70. 

Patterson Companies, Inc. ( PDCO ) is reporting for the quarter ending April 30, 2013. The medical/dental supplies company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.62. This value represents a 6.90% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PDCO is 19.33 vs. an industry ratio of 8.90, implying that they will have a higher earnings growth than their competitors in the same industry. 

Alkermes plc ( ALKS ) is reporting for the quarter ending March 31, 2013. The biomedical (gene) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.18. This value represents a 460.00% increase compared to the same quarter last year. In the past year ALKS has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 66.67%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ALKS is 37.62 vs. an industry ratio of -5.90, implying that they will have a higher earnings growth than their competitors in the same industry. 

Buckle, Inc. ( BKE ) is reporting for the quarter ending April 30, 2013. The retail (shoe) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.82. This value represents a 3.80% increase compared to the same quarter last year. In the past year BKE has met analyst expectations once and beat the expectations the other three quarters. The "days to cover" for this stock exceeds 41 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for BKE is 15.87 vs. an industry ratio of 41.80. 

Toro Company ( TTC ) is reporting for the quarter ending April 30, 2013. The tools company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.19. This value represents a 5.31% increase compared to the same quarter last year. In the past year TTC and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TTC is 18.81 vs. an industry ratio of 17.50, implying that they will have a higher earnings growth than their competitors in the same industry. 

Apollo Investment Corporation ( AINV ) is reporting for the quarter ending March 31, 2013. The financial services company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.21. This value represents a 16.67% increase compared to the same quarter last year. AINV missed the consensus earnings per share in the 1st calendar quarter of 2012 by -14.29%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AINV is 10.55 vs. an industry ratio of 14.20. 

Company Name	Time	Transcript	Wall St EPS Est($)	Actual EPS($)
AEROPOSTALE INC  ARO	After Market Close	N/A	-0.18	N/A
AMERICAS CAR-MT  CRMT	After Market Close	N/A	0.95	N/A
GAP INC  GPS	After Market Close	N/A	0.69	N/A
HANNON ARMSTRNG  HASI	After Market Close	N/A	N/A	N/A
INFOBLOX INC  BLOX	After Market Close	N/A	-0.04	N/A
MARVELL TECH GP  MRVL	After Market Close	N/A	0.07	N/A
MENTOR GRAPHICS  MENT	After Market Close	N/A	-0.02	N/A
NEW YORK & CO  NWY	After Market Close	N/A	-0.08	N/A
NORDSON CORP  NDSN	After Market Close	N/A	0.84	N/A
PANDORA MEDIA  P	After Market Close	N/A	-0.14	N/A
ROSS STORES  ROST	After Market Close	N/A	1.07	N/A
SALESFORCE.COM  CRM	After Market Close	N/A	-0.01	N/A
SHOE CARNIVAL  SCVL	After Market Close	N/A	0.39	N/A
SPORT CHALET  SPCHB	After Market Close	N/A	0.01	N/A
SPORT CHALET-A  SPCHA	After Market Close	N/A	N/A	N/A
TARO PHARMA IND  TARO	After Market Close	N/A	N/A	N/A
UQM TECH INC  UQM	After Market Close	N/A	-0.03	N/A
WILLIAMS-SONOMA  WSM	After Market Close	N/A	0.36	N/A
ZUMIEZ INC  ZUMZ	After Market Close	N/A	0.12	N/A