Good morning folks,
Just glancing through the headlines negativity seems to be setting the tone around the globe. Japan missed numbers, Germany export figures on the weaker side, negative headlines out of Greece, Congress and the debt limit, a more comprehensive capital analyses for the banks this week to approve or deny their capital plans due out on Wednesday.
Like we discussed over the weekend its not time to hit the panic button but it is time to be cautious and see how this week plays out. Just be careful with breakouts and long setups. If you have some nice profits sitting in your swings or long term hold accounts you may want to consider harvesting some of those gains and building up some cash. There is nothing wrong with having some cash sitting on the sidelines ready to deploy when opportunities present themselves.
Stocks on my Radar
CAMT pr new order 3 dollar roll premarket gapper, CTIC Positive phase 3 results gapper, NTWK small contract thin name 6 dolla test? , TRVN pr small float possible 6 dolla holla, NBY penny play pr and recent insider buying, NVET recent IPO pr this morning,
USO UUP IBB IWM DUST NUGT SPY TVIX TZA market sentiment
This weekends Videos
Market wrap
http://ticker.tv/vegastrader66/54fb55c1c9f9091514000018
Stocks to Watch
http://ticker.tv/vegastrader66/54fc7af1c9f9090f06000019
Sceencast version of the watchlist
http://www.screencast.com/t/16PjTWS7dbk
CNBC in the News
 | IN THE NEWS TODAY |
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| Today marks six years since the 2009 stock market bottom. Since then, the Dow has risen 173 percent, the S&P 500 has added more than 206 percent, while the Nasdaq has gained more than 288 percent. (AP) |
 Longtime stock bull Jeremy Siegel, professor of finance at the Wharton School, joins CNBC's "Squawk Box" at 8 a.m. ET with his views on whether the market can make it another winning six years. |
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| U.S. stock futures were weaker in early trading, after Friday's drubbing on concerns about a sooner-than-expected Fed interest rate hike in the wake of surprisingly strong February jobs numbers. (CNBC) |
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| Oil will reverse recent gains as global inventories begin to increase again, with U.S. crude likely to drop as far as $40 a barrel in the near-term, Goldman Sachs predicted. Prices were mixed this morning. (CNBC) |
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| Gasoline rose 21 cents in the past two weeks, with the average hitting $2.54 a gallon, according to the closely watched Lundberg survey. Prices bottomed out Jan. 23, but they're still nearly $1 lower than a year ago. (Reuters) |
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| Apple (AAPL) CEO Tim Cook is expected this afternoon to demonstrate the Apple Watch, and make the case for why it's a must-have. The device, which was teased in September, is set to hit the market next month. (AP) |
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| The three biggest companies that collect and disseminate credit information on more than 200 million Americans will change the way they handle errors and list unpaid medical bills. (WSJ-subscription) |
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| BY THE NUMBERS |
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| Greece's finance minister has raised the temperature in Europe yet again,warning his country could face a referendum or early elections if its reform plans are rejected. |
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| There are no U.S. economic reports out today, but there are plenty of Fed-related speakers to add to the growing speculation about the timing of higher interest rates ahead of next week's meeting. Minneapolis Fed President Naryana Kocherlakota, Cleveland Fed President Loretta Mester, and Dallas Fed President Richard Fisher all have speeches scheduled for today. |
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| More economists believe the Fed policy is on the right track, but they offer differing opinions when it comes to determining the appropriate path for the central bank, according to a survey. |
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| McDonald's (MCD) is set to release February sales figures just before 8 a.m. ET. Analysts are looking for global comparable store sales to drop 0.8 percent. |
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| There are no major earnings reports out this morning, but this afternoon's after-the-bell list includes apparel retailer Urban Outfitters (URBN), IDT Corp.(IDT), and Korn/Ferry (KFY). |
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| STOCKS TO WATCH |
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| Intuit (INTU) said it has been contacted by Congress, the Federal Trade Commission, and the Justice Department on issues surrounding fraudulent filings with the company's TurboTax program. |
| Tesla (TSLA) is cutting jobs in China after missing sales targets. The electric automaker did not disclose the number, but a local newspaper reported about 180 of 600 jobs would be cut. Separately, Tesla is denying reportsabout a construction delay at its Nevada factory that will produce batteries for its cars. |
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| Ebay's (EBAY) PayPal unit will buy Israeli cyber security company CyActive for $60 million, according to a local newspaper. |
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| Microsoft (MSFT) is suing Kyocera, accusing the Japanese smartphone maker of violating seven Microsoft mobile phone patents. |
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Seeking Alpha
Today's Markets:
In Asia, Japan -1% to 18791. Hong Kong -0.2% to 24123. China +1.9% to 3302. India -2.1% to 28845.
In Europe, at midday, London -0.6%. Paris -0.5%. Frankfurt -0.1%.
Futures at 6:20: Dow -0.2%. S&P -0.2%. Nasdaq -0.2%. Crude -0.3% to $49.48. Gold +0.8% to $1173.
Ten-year Treasury Yield +12 bps to 2.24%
Notable earnings after today's close: CASY, FISH, IDT, KANG, KFY, MM, MR, QIHU, UNFI, URBN,VNET, WPRT, XOXO
Best of Success!
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