Weekend Market Update

Major Indices Bounce Off Of Key Support Levels

SPDR Dow Jones Industrial Average ETF Trust (DIA) Options Trade Idea

Buy the (DIA) Mar 20 $179/$182/$185 call butterfly for a $0.80 debit or better

(Buy 1 Mar 20 $179 call, sell 2 Mar 20 $182 calls, buy 1 Mar 20 $185 call, all in one trade)

Stop loss- None

Upside target- $182 in the ETF

Financial Select Sector SPDR Fund (XLF) Options Trade Idea

Buy the (XLF) Mar 20 $24 call for for $0.65 or better

Stop loss- None

1st upside target- $1.30

2nd upside target- $2.00

Select Sector Utilities Select Sector SPDR Fund (XLU) Options Trade Idea

Buy the (XLU) Mar 20 $44/$47 bear put spread for a $1.15 debit or better

(Buy the Mar 20 $47 put and sell the Mar 20 $44 put, all in on trade)

Stop loss- None

1st upside target- $2.00

2nd upside target- $2.90

Weekly S&P Sectors ETF Performance: Energy (XLE) +5.65%, Financials (XLF) +4.91%, Materials (XLB) +4.68%, Consumer Discretionary (XLY) +4.21%, Technology (XLK) +3.01%, Industrials (XLI) +2.99%, Consumer Staples (XLP) +2.19%, Healthcare (XLV) +0.74%, Utilities (XLU) -3.64%

Various Asset Classes: Oil (USO) +9.26%, Dow Jones Industrial Average (DJIA) +3.84%, S&P 500 (SPX) +3.03%, Nasdaq-100 (NDX) +1.93%, Agriculture (DBA) +1.12%, U.S. Dollar (UUP) -0.28%, Silver (SLV) -3.08%, Natural Gas (UNG) -3.66%, Gold (GLD) -3.90%, Bonds (TLT) -5.10%, Spot Volatility Index (VIX) -17.55%

Economic Date (2/9-2/13)

Monday: No economic data

Tuesday: 10:00 A.M. EST- Dec Wholesale Inventories (+0.2%), Dec JOLTS- Job Openings

Wednesday: 7:00 A.M.- Weekly MBA Mortgage Index; 10:30 A.M.- Weekly Crude Oil Inventories; 2:00 P.M.- Jan Treasury Budget

Thursday: 8:30 A.M.- Initial Weekly Jobless Claims (285K), Continuing Claims (2405K), Jan Retail Sales (-0.5%), Jan Retail Sales ex/Auto (-0.5%); 10:00 A.M.- Dec Business Inventories (+0.2%); 10:30 A.M.- Weekly Natural Gas Inventories

Friday: 8:30 A.M.- Jan Import Prices ex/Oil, Jan Export Prices ex/Agriculture; 10:00 A.M.- Feb U of Michigan Sentiment Survey (98.5)

Earnings Reports (2/9-2/13)

Monday: Before the bell- (BWP), (CBZ), (CYOU), (CNA), (DO), (EXXI), (FSC), (FSFR), (HAS), (LGND), (L), (MAS), (MCY), (LABL), (NAT), (OAK), (GOLD), (SOHU), (SYNL), (TE), (WEX); After the bell- (ALSN), (AMAG), (AMKR), (AGII), (ARWR), (BCRH), (BRX), (CSCD), (CMP), (CRK), (COUP), (BAP), (CCK), (CSC), (DAC), (DNB), (ESE), (GIG), (HMN), (ICUI), (IPHI), (KS), (MXL), (MCC), (MERU), (MODN), (MOH), (NTES), (NBIX), (NEWP), (OESX), (OTTR), (PKY), (PRI), (QLYS), (RLD), (SLTC), (SSNI), (FMD), (TDW), (WCN), (YDLE)

Tuesday: Before the bell- (ACM), (ALR), (ALLT), (NILE), (CDW), (KO), (CGEN), (OFC), (CVS), (CYNO), (DF), (ENTG), (GWR), (HCP), (HNT), (IMN), (KKR), (TAP), (MWW), (NSP), (PCG), (REGN), (SALE), (RAI), (SEE), (SAVE), (HOT), (TLM), (WYN); After the bell- (ATEN), (AKAM), (AMX), (ANDE), (ACGL), (BLKB), (BRP), (CAP), (CERN), (CRL), (CORI), (COVS), (ELON), (FRT), (FTI), (FWRD), (GHDX), (GNW), (HCC), (HIW), (ISH), (IIJI), (JIVE), (KFRC), (KGC), (LOCK), (MKTO), (NCR), (PAYC), (PAHC), (PXD), (RPT), (RLOC), (RPXC), (RKUS), (SGEN), (SCI), (SKT), (TMH), (TSRA), (THOR), (TRMB), (USNA), (WPP), (WU), (WSH), (XOOM)

Wednesday: Before the bell- (ACCO), (AFSI), (AOL), (ARMH), (BLX), (BGCP), (CSTE), (EEFT), (EZCH), (FSRV), (GNRC), (HSIC), (VOYA), (KMDA), (LO), (MRKT), (MDLZ), (MOS), (OC), (PAG), (PEP), (RTI), (CG), (TRI), (TWX), (GROW), (USAK), (VPG), (WCG), (WEC), (WIX), (ZAYO), (ZTS); After the bell- (ACHC), (ABCO), (HIVE), (AEM), (EPAX), (AMBR), (AMAT), (ATAI), (BIDU), (CJES), (CTLT), (CTL), (CVO), (CAKE), (DL), (CSCO), (CPA), (CSOD), (CXW), (CVA), (CRAY), (CYS), (DDR), (DIOD), (EFC), (EFX), (EXL), (FBRC), (FEYE), (FORR), (FET), (GLOB), (HNI), (HOS), (HUBS), (NSIT), (ITRI), (LXFT), (MKL), (MET), (MORN), (NAVG), (NCIT), (NTAP), (NU), (NVDA), (OII), (PNRA), (PPC), (QDEL), (SWM), (SCSS), (SKX), (STMP), (STB), (SLF), (SPRT), (TAL), (TTGT), (TSLA), (TSO), (TRIP), (TCX), (WFM), (AUY), (ZEN), (Z), (ZU)

Thursday: Before the bell- (ACOR), (AAP), (AB), (ANR), (APA), (AHH), (AAWW), (AVP), (BWA), (BG), (CAB), (CPLA), (CVE), (CCE), (RIO), (SCOR), (COR), (CS), (DBD), (DPS), (FAF), (FLO), (HIMX), (HSP), (INCY), (IFF), (JAH), (JD), (JMP), (K), (LPNT), (LOJN), (LPX), (LMNS), (MANU), (MFC), (MHFI), (MPW), (MPEL), (MIXT), (MINI), (TYPE), (NNN), (NRP), (NCI), (NLSN), (NWE), (OCLS), (OWW), (ORBK), (PBF), (PBFX), (PNK), (POOL), (PDS), (Q), (RDN), (RYN), (RTIX), (SNI), (SHPG), (SKYW), (LNCE), (SON), (SPW), (STC), (TU), (TIME), (TOT), (THS), (VNTV), (VG), (WD), (WSO), (WWAV), (WWE); After the bell- (ALNY), (AEL), (AIG), (AIZ), (BYD), (BFAM), (CBS), (CGNX), (COHU), (COLM), (CUZ), (CYBR), (DVA), (DLR), (ELLI), (GRPN), (GUID), (HE), (HOLI), (INWK), (IMI), (IRWD), (JCOM), (KING), (KN), (KRFT), (LBTYA), (LOGM), (MTSN), (MOBL), (MGI), (NEWR), (NR), (PRO), (QLIK), (REG), (RSG), (RBCN), (SFLY), (SSTK), (SSNC), (TNGO), (TRLA), (TRUP), (WOOF), (VCRA), (WAGE), (WWWW), (INT), (ZNGA)

Friday: Before the bell- (MT), (BAM), (CPN), (DTE), (EMCI), (ESNT), (EXC), (HPY), (IPG), (ITT), (SJM), (POR), (RRGB), (TRGP), (NGLS), (TRW), (VTR), (VFC), (WBC)

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DIA DJIA Weekend Market Update XLF XLU