Friday the 13th...Saturday is Valentine's Day!

DJIA - 82.35, -1.04% SP500 - 8.35, -1.00% NASDAQ Comp. - 7.35, -0.48% Russell 2000 - 2.06, -0.46% Exchange NYSE NASD Advancing 1,537 1,311 Declining 2,179 1,443 Oil $37.51 +$3.53 Gold $941.50 -$7.00 SOX 220.55 +2.65 VIX 42.93 +1.68 The VIX moved up confirming the move down in the SPX on Friday. Strongest Sectors: XLE +0.23%...XLI +0.00%...XLK -0.45% Weakest Sectors: XLF -3.80%...XLY -1.61%...XLP -1.55% Sector Watch Up Trending: Sideways: XLE, XLP, XLU, XLY, XLV, XLI, XLB, XLK Down Trending: XLF Most indices and stocks traded in a very narrow range on Friday leading into the three-day President’s Day weekend. Many bullish patterns and candles on Thursday did not confirm on Friday due to the lack of buying and narrow trading. Continue to watch for confirmation of these patterns and candles on Tuesday when trading resumes. AKAM formed a black spinning top pulling back 12 cents on below average volume…watch for potential continuation of Thursday’s breakout of a horizontal flag. AMZN formed a black spinning top which did not confirm Thursday’s hammer in its bull flag pullback…watch for potential confirmation of hammer on Tuesday Index Commentary The DJIA formed a black spinning top that did not confirm Thursday’s dragon fly doji…short-term support 7,693. The SPX formed a black spinning top that did not confirm Thursday’s hammer…SPX is just above horizontal support. The Nasdaq formed a black spinning top that stayed above the S1 level of Thursday’s bullish engulfing patter…higher low support on Thursday is 1,495. The RUT formed an black inverted hammer that did not confirm Thursday’s hammer…just above horizontal support of 432. Stock Commentary How did our 22 Bull Flags that we selected from the NDX 100 on Thursday night do on Friday, just before a three day weekend? Moving Up: CHKP, DISH, EXPE, HANS, ILMN, LLTC, MRVL, MXIM, STLD, XLNX Unchanged: VRTX Near Unchanged: AAPL, AKAM, BIIB, GILD Moving Down: AMZN, CEPH, GENZ, GOOG, JAVA, RYAAY, SYMC The largest percentage gainers were: MRVL 3.28%, DISH 2.88% The largest dollar gainers were: HANS 0.74, ILMN 0.41 The largest dollar losers were: GOOG -5.37, CEPH -1.08 The largest percentage losers were: JAVA -3.93%, RYAAY -1.94% In all fairness Friday’s moves or lack thereof were influenced by the light volume and narrow trading range in the market going into the three day holiday weekend. All of the stocks that went down, stayed within their flag pattern, none of them broke support. All the patterns are good going into next week when trading resumes on Tuesday.

Earnings Friday, Feb 13 ANF +1.10 beat +1.00 ALE +0.78 below +0.81 BAM +0.27 beat +0.16 CTSH +0.41 beat +0.38 ENB +0.55 beat +0.48 PEP +0.88 inline +0.88 WYN +0.47 beat +0.40 Numbers exclude non-recurring items Tuesday, Feb 17 BMO – AMED, FOSL, MDT, RJET, TEVA, RIG, WMT AMC – AXYS, CHK, LZB, UPL, WYNN Wednesday, Feb 18 BMO – CMCSA, DE, GT, OMX, STP AMC – AAP, AEM, CAR, BIDU, NILE, DENN, DBRN, HPQ, NHP, NTRI, OII, ORLY, PAAS, PCLN, SNPS, WFMI Thursday, Feb 19 BMO – APA, CCC, CTL, DSX, EV, EXPE, GM, GG, HOS, MGM, NEM, PDCO, PNCL, RS, SPAR, S, TRAD, WST, XTO AMC – BUCY, CECO, CYH, RIO, DRYS, HE, JCOM, OIS, OSIP, RRGB, TSO, VLCMWBMD Fri Feb 20 BMO – ABX, JCP, LPNT, LOW,

Stocks to Watch on Tuesday Leading Stocks: Holding Above 30 DMA NFLX, ESI, MYGN, MON, SYNA, BLUD, APEI, HANS, WRC, GMCR, PCP, GES, GME, MHS, SWN, MOS, TDG, AAPL, BIIB, GPRO, WCG, VAR, BIDU, VPRT, FLS, AMZN, SLGN, ATW, PCLN, RBN, AMED, DLB, ORCL, PSYS, CTSH, ESRX, GILD, ICE, CPLA, GXDX, JCOM, JW.A, MUR, RCI Moving Above 30 DMA = 2 CHL, SPWRA Moving Below 30 DMA = 3 FSLR, HLF, EBAY Staying Below 30 DMA AMX, DV, STRA, PCR, PWR, RIMM, BDX, BYI, CAM, PPD, ACN, NIHD, SNHY, JOYG, CLB, DLTR, K, BKC, JOSB, JEC, PETS, NTLS, BAP, HDB, CBST, DECK, SNA, AFAM, EZPW, WAB, ALGT, AXYS

Friday’s Action (=> +0.70 or -0.70) Moving Up: STRA, ESRX, AGU, MEE, GS, CLF, HANS Moving Down: AEM, PNRA, MON, FSLR, X, KRE, GDX, KBE Intermediate Term Market Trend: Neutral – DJIA, SPX, Nasdaq, RUT Short Term Market Trend: Neutral