Great way to start the week

I had an excellent day yesterday with trades in $ANAC $RBCN And a small starter swing in $ACAD. The market had a nice come back yesterday and with Alcoa beating earnings last night hopefully we will continue the upward momentum.

Stocks on the move this morning and others that caught my eye.

$GTAT, $ARC, $ZIOP pr, $STAA earnings pr,$UNIS pr,$MAKO up grade,$CALL, $ACAD, $GALE, $ASTX ,$SWHC, $MRGE pr,$MTG & $RDN both pr, $CBRX pr, $CLRX pr, $GKK pr, $IBIO PR, $BAC, $OMEX pr, $NWBO, $SSRX, $MGM, $MPEL, $SAAS pr

Seeking Alpha

Today's Markets:
In Asia, Japan flat at 13192. Hong Kong +0.7% to 21870. China +0.6% to 2226. India -1.1% to 18226.
In Europe, at midday, London +0.4%. Paris +0.5%. Frankfurt +0.1%.
Futures at 7:00: Dow flat. S&P +0.05%. Nasdaq +0.2%. Crude +0.25% to $93.59. Gold flat at $1571.70.

Today's economic calendar:
7:30 NFIB Small Business Optimism Index
7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
10:00 Wholesale Trade
1:00 PM Results of $32B, 3-Year Note Auction

Notable earnings after today's close: ADTN, PSMT

Briefing.com

Gapping up                                                                    

      

In reaction to strong earnings/guidance: STAA +19.8%, FOE +1.2%.              

M&A news: KKR +2.6% (KKR has joined BX and other PE firms to bid more than $12

bln for LIFE, according to reports).                                           

Financial related names showing strength: RBS +2.3%, CS +1.9%, BCS +1.5%, BBVA

+1.4%.                                                                         

Metals/mining stocks trading higher: RIO +3.3%, MT +1.8%, VALE +1.7%, BBL     

+1.6%, BHP +1.4%, HL +1.4%, AU +1.3%, GOLD +0.7%.                             

Other news: STP +12.5% (receives continued listing standards notice from the  

New York Stock Exchange), CXW +4.6% (Board of Directors authorizes special    
divdend of $675 mln or ~$6.63 per share), TI +4.6% ( Hutchison Whampoa may be
targeting a 29.9% stake in TI, according to reports), ALU +3.7% (LGS          
Innovations Appoints Rich Martin as New CIO), SSRX +2% (OrbiMed Advisors      
disclosed 9.44% stake in 13D; not believe Merger is in the best interests of  
the shareholders), GILD +1.9% (submits NDA for sofosbuvir for the treatment of hepatitis C virus infection, RDN +1.9% (reports Primary New Insurance Written 
of $3.63 bln; ending primary delinquent inventory of ~85.1K loans)            

Analyst comments: HILL +6% (upgraded to Buy from Hold at Needham), BCRX +2.6% 

(upgraded to Buy from Hold at MLV & Co; tgt $3), AMTG +1.1% (upgraded to      
Overweight from Neutral at JP Morgan), GPS +0.4% (tgt to $56 from $51 at      
Jefferies) 
 

Gapping down                                                                   

   In reaction to disappointing earnings/guidance: SHLM -5.9%, TTEK -3.4% (also  

anticipates eastern Canadian weakness in second half; expects reduction in    
revenue of $20-30 mln to operating income over the second half of fiscal 2013;
reaffirms Q2 guidance) MG -2.8%, AA -1.3%.                                    

Select Japan related names showing weakness: MTU -3.7% (ticking lower), NMR   

3.2%, TSM -3.1%, HMC -2.3%.                                                   
                                                                        

Other news: OCZ -11.1% (provides update on restatement process and NASDAQ     

status: will not meet April 8, 2013 NASDAQ extension date to become current in its periodic filings with the SEC), JCP -9.9% (appoints Myron Ullman, III CEO,
succeeding Ron Johnson ), IX -5.8% (still checking), CUZ -3.5% (announces     
offering of 14 mln shares of common stock), STWD -3.3% (is offering 26,500,000
shares of its common stock in an underwritten public offering), KRG -2.8%     
(commenced an underwritten public offering of 12,500,000 common shares of     
beneficial interest), MCC -2.5% (announces offering of 4 mln shares of common stock), DEO -2.2% (reports suggesting India Competition Commission request for
additional info related to United Spirits deal), DEO -2.1% (still checking),  
DCTH -1.2% (expands program to increase efficiencies and reduce cash          
utilization), MRVL -1.1% (10% owner Greenlight Capital discloses selling      
shares), ECL -0.7% ( DoJ confirms it requires divestiture in merger of Ecolab 
and Permian Mud Service)                                                      
                                                                              
Analyst comments: PL -2.1% (ticking lower, downgraded at Raymond James and    
BofA/Merrill).   

Today's Upgrades:
Company	Ticker	Brokerage Firm
China Life Insurance	LFC	Citigroup
ICICI Bank	IBN	Morgan Stanley
BioCryst Pharm	BCRX	MLV & Co
Apollo Residential Mortg	AMTG	JP Morgan
Syngenta	SYT	Berenberg
MV Oil Trust	MVO	Raymond James
Primerica	PRI	Raymond James
WABCO Holdings	WBC	Robert W. Baird
BB&T Corp	BBT	Compass Point
Dominion	D	Atlantic Equities
Global Payment	GPN	Nomura
Dot Hill Systems	HILL	Needham
Cypress Sharpridge Investments	CYS	Compass Point
MAKO Surgical	MAKO	Mizuho

Today's Downgrades:
Company	Ticker	Brokerage Firm
St. Jude Medical	STJ	RBC Capital Mkts
Bank of Hawaii	BOH	RBC Capital Mkts
Lufkin Industries	LUFK	Howard Weil
Lufkin Industries	LUFK	Johnson Rice
Western Asset Mortgage	WMC	JP Morgan
Alumina	AWC	Credit Suisse
Concur Tech	CNQR	Oppenheimer
Protective Life	PL	BofA/Merrill
Protective Life	PL	Raymond James
Lufkin Industries	LUFK	Citigroup
Patterson Companies	PDCO	Piper Jaffray
Abiomed	ABMD	Piper Jaffray
Calamos Asset	CLMS	Keefe Bruyette
Nobel Biocare Holding AG	NBHGY.PK	HSBC Securities

Good luck trading everyone!!!