Feb 19th: Premarket Report for Dow Jones and S&P500: MDT, ESRX, MDRX, BJRI, DELL, CF, HLF, MM, UVXY, VXX, XIV, AAPL, GLD, SLV

Stock market is expected to open flat lower on Tuesday. Its still not ready for sell off or major correction yet. In order for market to correct. It need to close below 13934 and S&P500 need to close below 1514. It doesnt mean stock market will rally either. Today Gold and Silver sold off eventhough US dollar index was flat. Multiple time, Vix, Equity, Gold, Silver were red, and its impossible to judge the direction of the side way market. Avoid this market. Be in cash or use trailing stop if your long.

Watchout: MDT, ESRX, MDRX,  BJRI, DELL, CF, HLF, MM

Every drop is followed by sharp rally.

Very Difficult to trade this flat low volume market as stock moved in tight range.

Dow jones Industrial Average

R3	14,229.34	Fib R3	14,138.07	Brk Out Long	14,074.48
R2	14,139.76	Fib R2	14,075.70	Short	14,028.12
R1	14,060.76	Fib R1	14,035.24	HL2	14,012.67
Pivot	13,971.18	Pivot	13,971.18	HL1	13,997.21
S1	13,892.18	Fib S1	13,907.12	LL1	13,966.31
S2	13,802.60	Fib S2	13,866.66	LL2	13,950.85
S3	13,723.60	Fib S3	13,804.29	Long	13,935.40
				Brk Out Short	13,889.04

S&P500

R3	1,534.74	Fib R3	1,529.39	Brk Out Long	1,525.35
R2	1,529.49	Fib R2	1,525.65	Short	1,522.57
R1	1,524.64	Fib R1	1,523.23	HL2	1,521.64
Pivot	1,519.39	Pivot	1,519.39	HL1	1,520.72
S1	1,514.54	Fib S1	1,515.55	LL1	1,518.86
S2	1,509.29	Fib S2	1,513.13	LL2	1,517.94
S3	1,504.44	Fib S3	1,509.39	Long	1,517.01
				Brk Out Short	1,514.24

AAPL:

R3	477.15	Fib R3	473.55	Brk Out Long	465.79
R2	473.65	Fib R2	469.76	Short	462.98
R1	466.91	Fib R1	467.30	HL2	462.04
Pivot	463.41	Pivot	463.41	HL1	461.10
S1	456.67	Fib S1	459.52	LL1	459.22
S2	453.17	Fib S2	457.06	LL2	458.28
S3	446.43	Fib S3	453.28	Long	457.34
				Brk Out Short	454.53

GOOG:

R3	801.27	Fib R3	797.20	Brk Out Long	796.29
R2	797.26	Fib R2	794.91	Short	794.59
R1	795.08	Fib R1	793.43	HL2	794.02
Pivot	791.07	Pivot	791.07	HL1	793.46
S1	788.89	Fib S1	788.72	LL1	792.32
S2	784.88	Fib S2	787.24	LL2	791.76
S3	782.70	Fib S3	784.95	Long	791.19
				Brk Out Short	789.49

XIV:

R3	23.99	Fib R3	23.51	Brk Out Long	23.36
R2	23.52	Fib R2	23.23	Short	23.15
R1	23.23	Fib R1	23.05	HL2	23.08
Pivot	22.76	Pivot	22.76	HL1	23.01
S1	22.47	Fib S1	22.47	LL1	22.87
S2	22.00	Fib S2	22.29	LL2	22.80
S3	21.71	Fib S3	22.01	Long	22.73
				Brk Out Short	22.52

VXX:

R3	23.37	Fib R3	23.07	Brk Out Long	22.57
R2	23.07	Fib R2	22.79	Short	22.37
R1	22.62	Fib R1	22.61	HL2	22.30
Pivot	22.32	Pivot	22.32	HL1	22.23
S1	21.87	Fib S1	22.04	LL1	22.09
S2	21.57	Fib S2	21.86	LL2	22.02
S3	21.12	Fib S3	21.58	Long	21.95
				Brk Out Short	21.75

UVXY:

R3	10.79	Fib R3	10.53	Brk Out Long	10.10
R2	10.54	Fib R2	10.29	Short	9.92
R1	10.14	Fib R1	10.14	HL2	9.86
Pivot	9.89	Pivot	9.89	HL1	9.80
S1	9.49	Fib S1	9.64	LL1	9.68
S2	9.24	Fib S2	9.49	LL2	9.62
S3	8.84	Fib S3	9.25	Long	9.56
				Brk Out Short	9.38

GLD:

3	158.73	Fib R3	157.63	Brk Out Long	156.87
R2	157.65	Fib R2	156.89	Short	156.32
R1	156.71	Fib R1	156.40	HL2	156.13
Pivot	155.63	Pivot	155.63	HL1	155.95
S1	154.69	Fib S1	154.87	LL1	155.57
S2	153.61	Fib S2	154.38	LL2	155.39
S3	152.67	Fib S3	153.63	Long	155.20
				Brk Out Short	154.65

SLV:

R3	29.51	Fib R3	29.32	Brk Out Long	29.07
R2	29.32	Fib R2	29.16	Short	28.95
R1	29.08	Fib R1	29.06	HL2	28.91
Pivot	28.89	Pivot	28.89	HL1	28.87
S1	28.65	Fib S1	28.73	LL1	28.79
S2	28.46	Fib S2	28.63	LL2	28.75
S3	28.22	Fib S3	28.47	Long	28.71
				Brk Out Short	28.59

Economic Calendar for Monday:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				3:30	EUR	EU FinMin Meeting in Brussels	low
				4:00	EUR	Current account (sa)	med		12	14.8
				4:00	EUR	Current account (nsa)	med		30	19.8
				8:00	EUR	EU President Van Rompuy speaks to EU Parliament on Budget Proposal	med
				9:30	EUR	ECB's President Draghi testifies at European Parliament	med
				19:00	EUR	Eurozone crisis conference "Shaping a Genuine Economic and Monetary Union"	low
				19:00	EUR	EU Irish Presidency holds meeting on Basel III negotiations	med

Economic Calendar for Tuesday:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				2:00	EUR	EU Commissioner Almunia speaks at CER breakfast meeting in Brussels	low
				3:00	EUR	EU Commissioner Barnier speaks at Confrontations Europe conference	low
				5:00	EUR	German ZEW (Economic Sentiment)	high		35	31.5
				5:00	EUR	ZEW (Economic Sentiment)	low			31.2
				5:00	EUR	German ZEW (Current Conditions)	high		8.5	7.1
				10:00	USD	NAHB Builders survey	med		48	47

After Hour Gainer and Loser:

Percentage Gainers
Issue	Symbol	Volume	Last	Chg	% Chg		High	Low
Pacific Sunwear of California	PSUN	9,800	$2.36	0.12		5.50	$2.36	$2.36
Nationstar Mortgage Holdings	NSM	6,626	41.96	1.91		4.76	41.96	40.00
CRH ADS	CRH	5,824	22.50	0.96		4.46	22.50	21.53
Northern Oil&Gas	NOG	9,206	14.89	0.58		4.06	14.89	14.31
Halcon Resources	HK	13,890	7.48	0.27		3.74	7.48	7.21
Pike Electric	PIKE	31,141	13.53	0.48		3.68	13.80	13.05
Martha Stewart Living Omnimedia	MSO	10,063	3.06	0.10		3.38	3.06	2.96
Hospira	HSP	32,899	30.09	0.96		3.29	30.09	29.09
Harmony Gold Mining ADS	HMY	5,700	6.99	0.20		2.95	6.99	6.85

Percentage Decliners
Issue	Symbol	Volume	Last	Chg	% Chg		High	Low
Rare Element Resources	REE	6,300	$2.68	-0.15	-5.30		$2.84	$2.68
Skilled Healthcare Group Cl A	SKH	6,948	5.17	-0.28	-5.22		5.46	5.17
El Paso Pipeline Partners	EPB	19,100	40.14	-1.91	-4.54		42.11	40.14
VCA Antech	WOOF	11,724	21.95	-0.87	-3.82		25.76	21.42
Lannett	LCI	10,270	7.38	-0.28	-3.59		7.65	7.21
CafePress	PRSS	8,000	6.75	-0.23	-3.37		6.83	6.42
Active Network	ACTV	23,163	5.21	-0.16	-3.06		5.37	5.20
TIBCO Software	TIBX	235,519	22.17	-0.68	-2.99		33.34	21.99
NPS Pharmaceuticals	NPSP	9,294	7.77	-0.22	-2.75		8.88	7.18

Earning Premarket

Medtronic, Inc. ( MDT ) is reporting for the quarter ending January 31, 2013. The medical products company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.91. This value represents a 8.33% increase compared to the same quarter last year. In the past year MDT has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MDT is 12.85 vs. an industry ratio of 12.70, implying that they will have a higher earnings growth than their competitors in the same industry. 

Genuine Parts Company ( GPC ) is reporting for the quarter ending December 31, 2012. The auto (truck) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.93. This value represents a 8.14% increase compared to the same quarter last year. GPC missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -0.89%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for GPC is 17.48 vs. an industry ratio of 16.40, implying that they will have a higher earnings growth than their competitors in the same industry. 

NiSource, Inc ( NI ) 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 $0.44. This value represents a 41.94% increase compared to the same quarter last year. NI missed the consensus earnings per share in the 4th calendar quarter of 2011 by -13.89%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for NI is 18.56 vs. an industry ratio of 8.30, implying that they will have a higher earnings growth than their competitors in the same industry. 

Westlake Chemical Corporation ( WLK ) is reporting for the quarter ending December 31, 2012. The plastics company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.25. This value represents a 212.50% increase compared to the same quarter last year. WLK missed the consensus earnings per share in the 4th calendar quarter of 2011 by -39.39%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for WLK is 16.54 vs. an industry ratio of 19.40. 

Cimarex Energy Co ( XEC ) is reporting for the quarter ending December 31, 2012. The oil (us exp & production) company's consensus earnings per share forecast from the 18 analysts that follow the stock is $1.08. This value represents a -20.59% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for XEC is 16.32 vs. an industry ratio of 16.60. 

Windstream Corporation ( WIN ) is reporting for the quarter ending December 31, 2012. The wire line company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.13. This value represents a -31.58% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for WIN is 18.54 vs. an industry ratio of 40.40. 

Yandex N.V. ( YNDX ) is reporting for the quarter ending December 31, 2012. The internet content company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.27. This value represents a 35.00% increase compared to the same quarter last year. YNDX missed the consensus earnings per share in the 1st calendar quarter of 2012 by -13.33%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for YNDX is 30.92 vs. an industry ratio of 28.50, implying that they will have a higher earnings growth than their competitors in the same industry. 

Westinghouse Air Brake Technologies Corporation ( WAB ) is reporting for the quarter ending December 31, 2012. The transportation company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.31. This value represents a 36.46% increase compared to the same quarter last year. In the past year WAB 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 WAB is 18.69 vs. an industry ratio of 12.00, implying that they will have a higher earnings growth than their competitors in the same industry. 

Rockwood Holdings, Inc. ( ROC ) is reporting for the quarter ending December 31, 2012. The chemical company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.48. This value represents a -47.25% decrease compared to the same quarter last year. ROC missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -1.68%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for ROC is 14.91 vs. an industry ratio of 14.00, implying that they will have a higher earnings growth than their competitors in the same industry. 

Omnicare, Inc. ( OCR ) is reporting for the quarter ending December 31, 2012. The medical services company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.85. This value represents a 46.55% increase compared to the same quarter last year. In the past year OCR has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 7.5%. The "days to cover" for this stock exceeds 17 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for OCR is 11.90 vs. an industry ratio of 22.10. 

Sealed Air Corporation ( SEE ) is reporting for the quarter ending December 31, 2012. The construction company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.29. This value represents a -30.95% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SEE is 20.40 vs. an industry ratio of 15.50, implying that they will have a higher earnings growth than their competitors in the same industry. 

Armstrong World Industries Inc ( AWI ) is reporting for the quarter ending December 31, 2012. The building company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.32. This value represents a 100.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for AWI is 22.96 vs. an industry ratio of 25.30.