N S L !!!!!

Good morning folks,
NSL stands for "Never Stop Learning" I am not referring to NSL the symbol.

This weekend I studied candles and I found the videos worth while. I know there are far more candle setups and meanings out there. It's my opinion that you really only need two or three that you can identify quickly and execute on to be successful. Keep in mind that there are other things to consider like trends, support and resistance, market sentiment, volume. Its still good to have a few additional tools under your belt.  

Oil is falling premarket and we are getting quite a bit of guidance both good and bad this morning from a broad spectrum of companies. 

Indexes had a little reversal premarket airlines taking a hit with falling oil prices off of some pr from AAL.  I mentioned they IYT and the SMH weren't looking all that great in this weeks video. Be careful out there it could be a wild day!!
  
This weeks Video in case you missed it 

http://www.screencast.com/t/ZfKf0wHfR

Stocks on my Radar this morning 

SUNE taking out 20 Resistance premarket, BLFS thin one raised revenue guidance possible 3 dolla holla thin caution. SSH pr grinding higher on the daily thin one 5 dolla holla, CPXX pr gapper 3 test, AFFX upside guidance stock near 52 week highs, PSTI a bit extended possible 3 dolla roll off of letter to shareholders, XNPT pr possible bounce spot look for it to take out 9 with conviction,  MNGA pr penny play caution advised, 

TVIX TZA NUGT USO UUP IWM IBB NDAQ JDST for sentiment 

Seeking Alpha 

Today's Markets:
In Asia, Japan closed. Hong Kong +0.5% to 24026. China -1.7% to 3231. India +0.5% to 27585.
In Europe, at midday, London +0.5%. Paris +1.7%. Frankfurt +1.6%.
Futures at 6:20: Dow +0.6%. S&P +0.6%. Nasdaq +0.6%. Crude -2.3% to $47.23. Gold +0.5% to $1221.80.
Ten-year Treasury Yield -5 bps to 1.97%

Today's economic calendar:
12:40 PM Fed's Lockhart: Monetary Policy
1:00 PM Results of $24B, 3-Year Note Auction

Notable earnings after today's close: AA, SNX

CNBC in the news

	IN THE NEWS TODAY

U.S. stock futures were higher in early trading, after a negative and extremely volatile first full week of 2015. The Dow posted triple-digit moves in each of last week’s sessions. (CNBC) The ECB could be ready to announce a quantitative easing program based on the contributions made from national central banks, a source close to the central bank has told CNBC. Oil prices renewed their declines this morning, with Brent crude dropping below $49 a barrel as Goldman Sachs (GS) slashed its short-term forecastsand Gulf producers showed no signs of cutting production. (Reuters) With sliding oil, the cost of a gallon of gasoline in the U.S. fell 27 cents to $2.20 in the past three weeks—the lowest level since April 2009. Prices at the pump have declined $1.14 in a year. (Reuters) Billionaire buy-and-hold investor Ron Baron joins CNBC’s “Squawk Box” at 8 a.m. ET to discuss his views on stocks and energy prices. There were two major drug deals ahead of the start of the annual JPMorgan(JPM) health care conference. Shire (SHPG) of Ireland is purchasing U.S.-based NPS Pharmaceuticals (NPSP) for $5.2 billion. Separately, Swiss-basedRoche (RHHBY) is buying a majority stake in U.S.-based Foundation Medicine (FMI) for just over $1 billion. (CNBC) At the Detroit auto show today, General Motors (GM) is expected to show the automaker's vision of electric cars three to four years down the line with theChevy Bolt. (CNBC) Meanwhile, Nissan plans to introduce an all-new Titan pickup truck as the Japanese automaker tries to become a true player in the full-size pickup market. CEO Carlos Ghosn joins us at 8:40 a.m. ET. Consumer confidence is starting to pick up thanks to lower gas prices, Bill Simon, former president and CEO of Wal-Mart Stores, told CNBC today. France has ordered 10,000 troops on to the streets of Paris to protect sensitive sites as the hunt continues for accomplices to last week's deadly attacks at a Paris magazine and kosher supermarket. (AP) Nearly four million people marched in Paris and across France on Sundayin a display of unity against terrorism and racism. Leaders of Britain, Germany, and Israel were among those in attendance. (FT) President Barack Obama will spend most of the coming week previewing more of his State of the Union proposals, including on identity theft, electronic privacy, and cybersecurity. (AP) The Monday morning commute promises to be tough for many in the Ohio Valley, Great Lakes, and Northeast as a winter storm brings swath of ice and snow across the regions. (Weather Channel) Coming-of-age tale "Boyhood" won the coveted Golden Globe for best drama, while quirky period caper "The Grand Budapest Hotel" was the surprise winner for best comedy or musical. It was also a big night for Netflix(NFLX) and Amazon (AMZN). (Reuters & Tech Crunch)

	BY THE NUMBERS

There are no major economic reports due today, although the markets will keep an ear on a speech by Atlanta Fed President Dennis Lockhart at12:40 p.m. ET. Lockhart is a voting member of the Federal Open Market Committee for 2015. After Alcoa this afternoon, earnings season gets under way in earnest on Wednesday morning, when JPMorgan and Wells Fargo (WFC) issue their quarterly numbers. Wells Fargo and Citigroup (C) are among the banks most vulnerable to thedrop in oil prices, according to the New York Times Dealbook, because of lending for energy deals. Best Buy (BBY) shares could rise 20 percent this year, according to an article in this weekend’s Barron’s, which said the electronics retailer will be helped by a significant upgrade cycle for televisions.

	STOCKS TO WATCH

Tiffany (TIF) cut its guidance for the full year ending Jan. 31, now seeing earnings of $4.15 to $4.20 per share following a “disappointing” holiday season. That’s below both the luxury goods retailer's prior estimate of $4.20 to $4.30 and current analyst consensus of $4.33 per share. Lululemon (LULU) raised its current quarter guidance, saying it now expects to earn 71 to 73 cents per share. That compares to its prior guidance of 65 to 69 cents and Street estimates of 69 cents. The yogawear maker credits “improving trends and strong holiday results”. J.C. Penney (JCP) will take a total of $38 million in charges to close about 40 of its stores, with $21 million taken for the fourth quarter of fiscal 2014. The rest will be booked later. SunEdison (SUNE) and India-based Adani Enterprises will invest up to $4 billion in a joint venture that would be one of the country’s largest solar panel makers. HCA Holdings (HCA) said its 2014 results will be better than it had previously expected, as it experienced a jump in admissions and emergency room visits. The hospital operated is scheduled to report its latest results next month.

	WATERCOOLER

The NFL’s conference titles next week feature the New England Patriots and the Indianapolis Colts, and the defending Super Bowl champion Seattle Seahawks and the Green Bay Packers. (USA Today) The inaugural College Football Playoff concludes with the national championship game between No. 2 Oregon and No. 4 Ohio State tonight. (USA Today)

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

This year, one of the things I would like to accomplish is putting together a group of aspiring and active traders/ investors for monthly informal social gatherings where we can talk about stocks, the markets, trading and investing strategies. Last night was the first meeting and while it was a small group it was really a lot of fun. If you are in Vegas and interested in being part of such a group email me @ Alphawolfvegas66@gmail.com     $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ BEST OF SUCCESS!