THIS WEEK'S MARKET MOVERS

Courtesy of ChartsEdge

Monday:
Economic: N/A.

Earnings:  In the glittery spotlight, MGM Resorts (MGM) is expected to produce a slightly smaller loss of (0.22) per share versus the prior year's (0.25). Peer Wynn Resorts (WYNN) broke out last week from a four week flat base pattern shaped on top of an eight week cup and finishing at fresh two-plus year highs. Technically, MGM shares have shaped a similar weekly cup with a slightly "high handle" of four weeks that's pulled back inside the larger base.

Others Premarket: Administaff (ASF), Diebold (DBD), China MY Wind Power (MY), STEC (STEC), Valspar (VAL)

After Hours: Agilent (A), Arch (ACGL), FMC Tech (FTI), Marriott (MAR), Ultra Clean Hldg (UCTT), Walter Energy (WLT).

Tuesday:
Economic: Retail Sales (0.5% & 0.6% vs. 0.6% & 0.5% prior), Empire (16.0 vs. 11.92), Import / Export, Bus Invs (0.7% vs. 0.2%), NAHB (16 vs. 16).

Earnings:  Capella (CPLA), CIT Group (CIT), Fossil (FOSL), Host Hotels (HST), Marsh McLennan (MMC), Omnicom (OMC), Qwest (Q), Sirius (SIRI), United Thera (UTHR), Zebra (ZBRA).

After Hours: Computer hardware giant Dell (DELL) is expected to post profit growth of 32% on earnings of $0.37 per share. Technically, shares have been carving out a bullish weekly "W" or double bottom pattern the past four months with a handle developing about midway in the base construction.   

Others: Analog Devices (ADI), Bob Evan's (BOBE), J2 Global (JCOM), Nabors (NBR), Pan Am Silver (PAAS), Rovi (ROVI), Tesla (TSLA), ValueClick (VCLK).

Small cap business software outfit Sapient (SAPE) has been busy putting together a nice four-month long "W" after breaking out above multi-year resistance back in the spring of 2010. Analysts expect a flat year-over-year profit of $0.11 per share. However, IBD maintains a Composite Rating of 89, 92 EPS rating and B+ Acc/Dist Rating with only its RS of 71, a result of its long base development, a less obvious blemish.

Wednesday:
Economic: Mortgage Apps, Weekly Crude, Housing Starts & Permits (540K & 580K vs. 529K & 635K prior), PPI & Core (0.7% & 0.2% vs. 1.1% & 0.2%), IP & CU (0.6% & 76.4% vs. 0.8% & 76%), Fed Minutes.

Earnings: Abercrombie (ANF), Comcast (CMCSA), Deere (DE), OfficeMax (OMX), Owens Corning (OC), PF Chang's (PFCB), WellCare (WCG).

After Hours: Agnico-Eagle (AEM), Cliffs Nat (CLF), Express Scripts (ESRX), Hecla (HL), NetApp (NTAP), NVIDIA (NVDA), Oceaneering (OII), O'Reilly (ORLY), Peet's (PEET), Skechers (SKX).

Thursday:
Economic: Weekly Claims (410K vs. 383K), Continuing (3.90M vs. 3.88M), CPI & Core (0.3% & 0.1% vs. 0.5% & 0.1%), Leading indicators (0.2% vs. 1.0%) and Philly Fed (21.9 vs. 19.3).

Earnings: Apache (APA), Barrick Gold (ABX), Hyatt (H), Liz Claiborne (LIZ), Reliance Steel (RS), Revlon (REV), SPX (SPW), Strayer (STRA), Toro (TTC), Waste Mgt (WM), Weight Watchers (WTW).

After Hours: Blue Coat (BCSI), Brocade (BRCD), Bucyrus (BUCY), CF Ind (CF), First Solar (FSLR), Hittite Micro (HITT), Intuit (INTU), Nordstrom (JWN), Red Robin (RRGB), Sunpower (SPWRA).

Friday:
Economic:  N/A.
Earnings: Barnes (B), Brookfield (BAM), Calpine (CPN), Campbell (CPB), Progress Energy (PGN), Ship Finance (SFL), Ultra Petrol (UPL), Yingli Energy (YGE).

___________________________________________________________________