Bear Radar

Style Underperformer:
Mid-cap Growth (-5.54%)

Sector Underperformers:
Coal (-15.15%), Oil Tankers (-10.58%) and HMOs (-10.52%)

Stocks Falling on Unusual Volume:
CLF, HBC, GMXR, MICC, GDP, NIHD, FCX, SU, WFC, PCZ, APA, WGOV, AMED, PSYS, NUVA, LHCG, IPCM, MICC, ANSS, DECK, LECO, WMGI, KYE, TOO, IEV, KSP and EVR

Stocks With Unusual Put Option Activity:
1) HBC 2) HST 3) EXPD 4) SU 5) MRO

Bull Radar

Style Outperformer:
Large-cap Growth (-1.70%)

Sector Outperformers:
Utilities (-.51%), Software (-.64%) and Computer Hardware (-.98%)

Stocks Rising on Unusual Volume:
SNE, IOC, NTT, DCM, ATHN, APSG, TWGP, FGXI, FCN and WTM

Stocks With Unusual Call Option Activity:
1) HOLX 2) ARO 3) VRTX 4) MRVL 5) MHS

Links of Interest

Market Snapshot Commentary
Market Performance Summary
Style Performance
Sector Performance
WSJ Data Center
Top 20 Biz Stories
IBD Breaking News
Movers & Shakers
Upgrades/Downgrades
In Play
NYSE Unusual Volume
NASDAQ Unusual Volume
Hot Spots
Option Dragon
NASDAQ 100 Heatmap
Chart Toppers
Real-Time Intraday Quote/Chart
HFR Global Hedge Fund Indices

Monday Watch

Weekend Recommendations
Barron's:
- Made positive comments on (WMI), (ETN), (JEC), (FDS), (BAX), (DELL), (SRCL) and (FCFS).

Citigroup:

- Upgraded (TYC) to Buy, target $25.

- Reiterated Buy on (HS), target $12.

- Reiterated Buy on (INTC), target $16.

Night Trading
Asian indices are -3.50% to -.75% on avg.
S&P 500 futures -1.61%.
NASDAQ 100 futures -1.84%.

Morning Preview
US AM Market Call
NASDAQ 100 Pre-Market Indicator/Heat Map
Pre-market Commentary
Pre-market Stock Quote/Chart
Global Commentary
WSJ Intl Markets Performance
Commodity Futures
Top 25 Stories
Top 20 Business Stories
Today in IBD
In Play
Bond Ticker
Economic Preview/Calendar
Earnings Calendar

Conference Calendar

Who’s Speaking?
Upgrades/Downgrades
Rasmussen Business/Economy Polling

Earnings of Note
Company/Estimate
- (KFN)/.33

- (DISH)/.49

- (OSG)/1.61

- (EIX)/.64

- (FCN)/.54

- (WEN)/.05

- (CNO)/.29

- (CCO)/.11

- (MDR)/.42

- (MTZ)/.25

Upcoming Splits

- None of note

Economic Releases

8:30 am EST

- Personal Income for January is estimated to fall .2% versus a .2% decline in December.

- Personal Spending for January is estimated to rise .4% versus a 1.0% decline in December.

- The PCE Core for January is estimated to rise .1% versus unch. in December.

10:00 am EST

- ISM Manufacturing for February is estimated to fall to 34.0 versus 35.6 in January.

- ISM Prices Paid for February is estimated to rise to 33.5 versus 29.5 in January.

- Construction Spending for January is estimated to fall 1.5% versus a 1.4% decline in December.

Other Potential Market Movers
- The Fed’s Lacker speaking, Fed’s Rosengren speaking, Fed’s Foreign Exchange Rates Statistical Release, (DNA) Investment Community Meeting, Deutsche Bank Media/Telecom Conference, Citi Global Property Conference and Morgan Stanley Tech Conference could also impact trading today.

BOTTOM LINE: Asian indices are sharply lower, weighed down by financial and commodity shares in the region. I expect US stocks to open lower and to maintain losses into the afternoon. The Portfolio is 50% net long heading into the week.

Weekly Outlook

Click here for Wall St. Week Ahead by Reuters.

Click here for stocks in focus for Monday by MarketWatch.

There are several economic reports of note and a few significant corporate earnings reports scheduled for release this week.

Economic reports for the week include:

Mon. – Personal Income, Personal Spending, PCE Core, ISM Manufacturing, ISM Prices Paid, Construction Spending

Tues. – Pending Home Sales, Total Vehicle Sales, weekly retail sales reports

Wed. – Weekly MBA mortgage applications report, weekly EIA energy inventory report, Challenger Job Cuts, ADP Employment Change, ISM Non-Manufacturing, Fed’s Beige Book

Thur. – ICSC Chain Store Sales, 4Q Non-farm Productivity, 4Q Unit Labor Costs, Initial Jobless Claims, Factory Orders

Fri. – Change in Non-farm Payrolls, Unemployment Rate, Average Hourly Earnings, Consumer Credit

Some of the more noteworthy companies that release quarterly earnings this week are:

Mon. – Dish Network(DISH), Wendy’s(WEN), Conseco(CNO), Clear Channel(CCO), McDermott(MDR)

Tues. – Autozone(AZO), Tech Data(TECD), Chico’s FAS(CHS), Kenneth Cole(KCP), VeriFone(PAY)

Wed. – Liz Claiborne(LIZ), Joy Global(JOYG), PetSmart(PETM), Foot Locker(FL), BJ’s Wholesale(BJ), Big Lots(BIG), Toll Brothers(TOL)

Thur. – Ciena Corp(CIEN), Urban Outfitters(URBN), Cooper Cos.(COO), Intrepid Potash(IPI), Costco(COST)

Fri. – H&R Block(HRB), Korn/Ferry(KFY), Blockbuster(BBI)

Other events that have market-moving potential this week include:

Mon. – Fed’s Lacker speaking, Fed’s Rosengren speaking, Fed’s Foreign Exchange Rates Statistical Release, (DNA) Investment Community Meeting, Deutsche Bank Media/Telecom Conference, Citi Global Property Conference, Morgan Stanley Tech Conference

Tue. – Fed’s Lockhart speaking, Bernanke’s Testimony Before Senate Budget Committee, (SD) analyst conference, (BP) strategy presentation, (JAH) analyst day, (EAC) analyst meeting, (LMNX) analyst meeting, (ARRS) analyst meeting, Deutsche Bank Media/Telecom Conference, Citi Global Property Conference, Sandler O’Neill Financial Services Conference, Morgan Stanley Tech Conference

Wed. – Fed’s Fisher speaking, Fed’s Lockhart speaking, Fed’s Beige Book, (ICGE) investor meeting, (TAP) analyst meeting, Morgan Stanley Tech Conference, UBS Nat Gas/Electric/Coal Conference, Citi Global Property Conference, Deutsche Bank Media/Telecom Conference, Keefe Bruyette Woods Regional Bank Conference

Thur. – Fed’s Lockhart speaking, Geithner Testimony Before House Budget Cmte on FY10 Treasury Budget, (CUB) analyst meeting, (WTW) investor day, (XOM) analyst meeting, (CTCT) analyst meeting, Keefe Bruyette Woods Regional Bank Conference

Fri. – Fed’s Dudley speaking, Fed’s Plosser speaking, (FWLT) investors meeting, (PNY) shareholders meeting

BOTTOM LINE: I expect US stocks to finish the week mixed as bargain-hunting, technical buying, lower energy prices and diminishing financial sector pessimism offset more shorting, rising credit market angst, tax hike worries and increasing economic pessimism. My trading indicators are giving mostly bearish signals and the Portfolio is 50% net long heading into the week.