Life is a Struggle

Good morning folks, 
I appreciate all the get well messages and I am nearly there probably another day or two and I should be back to 100 percent. 

The NASDAQ did not waste any time tagging that 5000 and now all I keep hearing is "are we in a bubble?" I don't think that this 5000 that took 15 years to hit after its first attempt to touch that level is even remotely close to the "Irrational exuberance" and overvaluation that we were experiencing back then. I do feel and have felt for awhile now that we need a healthy 10 to 15 percent correction but the market does not care about what I think or how I feel. Now that we have tagged 5000 and we are nearly through earnings season let's see if the market can continue its march higher. We appear to be consolidating and working off the overbought conditions through time. The IWM action continues to impress me by the way it has held over that 122 line in the sand. We may get a pullback and if we do I would embrace it, but if we just continue to grind higher that will be okay too.  

Stocks on My Radar
ONCY continuation off pr don't chase it, TSEM pr and continuation sympathy play off of NXPI FSL acquisition, RDNT pr nice looking daily thin one, APPS nice daily looking for 4 dolla holla, BLFS news this morning interesting daily very thin look for big relative volume, AVOL earnings beat recent IPO, APDN thin one pr decent daily, IDTI hot daily pr this morning, MDR gapper positive article big short position could be a squeezer, CISG possible continuation off this weekends video 

CNBC in the NEWS

	IN THE NEWS TODAY

The Nasdaq comes off its first close over 5,000 in nearly 15 years, sparking both optimism and worry on Wall Street. Many investors still remember the Nasdaq bubble bursting and a tumble down to the 1,114 level, but others point to more realistic valuations and actual revenue and profit among the companies involved. Though they did not get nearly as much attention as Nasdaq 5,000, the Dow and S&P 500 closed Mondayat all-time highs. A Spanish official said Europe is considering a third bailout for Greece, but the European Union denied that claim and insisted it has not held talks on the matter. Spain's Economy Minister Luis de Guindos said such a bailout would set more flexible conditions for Greece. Springleaf Holdings is near a deal to buy Citigroup's OneMain Financial Unit for about $4.25 billion , according to the Wall Street Journal. The deal would make Springleaf the largest subprime lender in the United States. (MarketWatch) Taiwan said Alibaba violated investment rules for Chinese companies andmust withdraw or transfer its holdings from the country within six month. Alibaba said it will work with authorities to come into compliance and insisted regulators reclassified it as a mainland country following its IPO. (Reuters) Chinese handset maker Xiaomi announced it is entering the action camera market currently dominated by GoPro. On Monday, Xiaomiintroduced the Yi Action Camera, which will retail for 399 yuan, or $64. (CNBC) Facebook CEO Mark Zuckerberg addressed the rift between telecoms and tech companies at the Mobile World Conference in Barcelona on Monday, saying apps like WhatsApp may displace traditional carrier services but also drive up data usage. (CNBC) BlackBerry (BBRY) plans to release four new phones this year, including a touchscreen model called the Leap, a keyboard handset, and a curved-screen device with a slide-out keyboard. The 5-inch Leap will cost $275 unlocked and target the "career-builder," BlackBerry's Ron Louks said. (Re/code) Apple and Google could soon put an anti-poaching lawsuit behind them. A judge on Monday set a hearing to decide on a $415 million settlement after rejecting a $324 million agreement last year. Employees allege Apple, Google, Intel and Adobe suppressed wages by agreeing not to poach staff from one another. (Reuters) Five victims of accidents related to General Motors' faulty ignition switches have rejected settlement offers from the automaker. Those who do so retain the right to take GM to court. (CNBC) Popular dating app Tinder is seeking to drum up cash with a new premium service. Tinder Plus launched on Monday and gives users more options-including the ability to reverse a decision to accept or reject a potential date-for $9.99 a month. (CNBC) Two storms are forecast to move through the east in the next 48 hours, putting 134 million people under some type of winter weather warning. Blizzard advisories have been issued for Minnesota, Iowa, Michigan, North Dakota, South Dakota, and Wisconsin. (NBC News)

	BY THE NUMBERS

U.S. automakers issue their February sales figures today, and all are expected to show gains compared to a year ago. Edmunds.com estimates industry-wide U.S. sales will be up 7.9 percent compared to February of 2014. Retailers Best Buy and Dick's Sporting Goods lead this morning's list of corporate earnings reports, with AutoZone, Kate Spade, andNavistar also set to release quarterly numbers. Today's after-the-bell reports include Middleby, Ascena Retail, Smith & Wesson, and TiVo.

	STOCKS TO WATCH

Mylan is among our stocks to watch this morning, with the drug makerreporting adjusted quarterly profit of $1.05 per share, matching Street estimates. Revenue was slightly above forecasts, and the company hinted it would be involved in another "material transaction" before the end of the year. Ocwen Financial is selling mortgage servicing rights to $45 billion in Fannie Mae loans to an undisclosed buyer. That comes just a week after Ocwen sold rights to $9.8 billion in Freddie Mac loans to Nationstar Mortgage. Nabors Industries reported adjusted quarterly profit of 33 cents per share,missing estimates by six cents. Revenue was also shy of estimates, but the oil drilling company said its operations are showing quarter-to-quarter improvement despite a weak industry environment. Seeking Alpha Today's Markets: In Asia, Japan -0.1% to 18815. Hong Kong -0.7% to 24703. China -2.1% to 3265. India +0.5% to 29594. In Europe, at midday, London -0.1%. Paris flat. Frankfurt flat. Futures at 6:20: Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude +1.4% to $50.30. Gold -0.1% to $1207.60. Ten-year Treasury Yield +8 bps to 2.08% Today's economic calendar: Auto sales 8:30 Gallup US ECI 8:55 Redbook Chain Store Sales 8:15 PM Janet Yellen speech Notable earnings before today's open: ACW, AZO, BBEP, BBY, BNS, DKS, INSY, JD, KATE,NAV, PRIM, RIGL, SSI, TEDU, TPH Notable earnings after today's close: ABM, AMBA, AMRN, ASNA, AVAV, BOBE, BV, CDXS,CECO, EGL,  GERN, LRE, REGI, SWHC, TIVO, TNET, VEEV, ZLTQ Best Of Success!