Weekend Market Update

Equities Hold Firm Despite Weaker Economic Data

PowerShares DB U.S. Dollar Index Bullish ETF (UUP) Options Trade Idea

Buy the (UUP) Apr 17 $25/$26 bull call spread for a $0.35 debit or better

(Buy the Apr 17 $25 call and sell the Apr 17 $26 call, all in one trade)

Stop loss- None

1st upside target- $0.70

2nd upside target- $0.95

Notes: The bull call spread trade below is a more conservative way to way the massive Jan 2016 call action from today. In the event that the big buyer has a breakeven on his/her trade ($61.10-$61.20), then the trade idea below can see a near triple in terms of ROI.

Vanguard FTSE Europe ETF (VGK) Options Trade Idea

Buy the (VGK) Jan 2016 $56/$61 bull call spread for a $1.70 debit or better

(Buy the Jan 2016 $56 call and sell the Jan 2016 $61 call, all in one trade)

Stop loss- None

1st upside target- $3.40

2nd upside target- $4.95

Weekly S&P Sectors ETF Performance: Consumer Staples (XLP) +0.83%, Consumer Discretionary (XLY) +0.70%, Healthcare (XLV) +0.08%, Technology (XLK) +0.02%, Financials (XLF) -0.37%, Materials (XLB) -0.85%, Utilities (XLU) -1.01%, Industrials (XLI) -1.15%, Energy (XLE) -1.89%

Various Asset Classes: Bonds (TLT) +2.36%, Silver (SLV) +2.12%, U.S. Dollar (UUP) +0.96%, Gold (GLD) +0.76%, Dow Jones Industrial Average (DJIA) -0.04%, Nasdaq-100 (NDX) -0.05%, S&P 500 (SPX) -0.27%, Agriculture (DBA) -0.35%, Oil (USO) -2.95%, Spot Volatility Index (VIX) -6.71%, Natural Gas (UNG) -8.58%

Economic Data (3/2-3/6)

Monday: 8:30 A.M. EST- Jan Personal Income (+0.4%), Jan Personal Spending (-0.1%), Jan PCE Prices-Core (+0.2%); 10:00 A.M.- Feb ISM Index (53.0), Jan Construction Spending (+0.2%)

Tuesday: 2:00 P.M.- Feb Auto and Truck Sales

Wednesday: 7:00 A.M.- Weekly MBA Mortgage Index; 8:15 A.M.- Feb ADP Employment Change (+220K); 10:00 A.M.- Feb ISM Services (56.5); 10:30 A.M.- Weekly Crude Oil Inventories; 2:00 P.M.- Mar Fed’s Beige Book

Thursday: 7:30 A.M.- Feb Challenger’s Job Cuts; 8:30 A.M.- Initial Weekly Jobless Claims (295K), Continuing Claims (2403K), Q4 Productivity-Revised (-2.3%), Q4 Unit Labor Costs-Revised (+2.9%); 10:00 A.M.- Jan Factory Orders (+0.7%); 10:30 A.M.- Weekly Natural Gas Inventories

Friday: 8:30 A.M.- Feb Non-Farm Payrolls (+240K), Feb Private Non-Farm Payrolls (+230K), Feb Unemployment Rate (5.6%), Feb Hourly Earnings (+0.2%), Feb Average Workweek (34.6), Jan Trade Balance (-$42.0B); 3:00 P.M.- Jan Consumer Credit (+$13.0B)

Earnings Reports (3/2-3/6)

Monday: Before the bell- (AMBC), (ARP), (CORE), (EMES), (ENDP), (ECYT), (FSS), (GTI), (ICPT), (JKS), (LXU), (MHR), (PCTI), (PMC), (STNG), (SSE), (BID), (SSYS), (INN); After the bell- (AERI), (ALEX), (ARNA), (BALT), (CZR), (CHUY), (CISG), (CODI), (CMLS), (DTSI), (DRRX), (EC), (EPIQ), (EVDY), (FOXF), (GWRE), (HALO), (HTGC), (IG), (MTDR), (MYL), (NTK), (NTRI), (OPWR), (PANW), (PRAA), (RNET), (RSE), (SLXP), (STKL), (TG), (WEYS)

Tuesday: Before the bell- (ACW), (BNS), (BBY), (BBEP), (DKS), (GSL), (INSY), (JD), (KATE), (FSTR), (LDL), (OXFD), (RIGL), (SSI), (TEDU), (THLD), (TISA), (TPH); After the bell- (ABM), (AVAV), (AMRN), (AMBA), (ASNA), (BV), (BOBE), (BONA), (CECO), (CDI), (CDXS), (DARA), (EFUT), (GERN), (LRE), (MPO), (NPTN), (PDII), (SWHC), (SPTN), (TIVO), (TNET), (VEEV), (ZLTQ)

Wednesday: Before the bell- (ANF), (AMED), (ARQL), (ATHM), (BF.A), (BF.B), (CASM), (CCSC), (DSX), (DOC), (SSP), (FRP), (HYGS), (IBP), (MTLS), (PETM), (SOL), (TRK), (SCMP), (TSL), (TOUR), (W); After the bell- (ALG), (ALSK), (ALDR), (ALIM), (ASMI), (BIOL), (CPE), (CBPO), (COKE), (JCS), (CVU), (BREW), (CCRN), (DAR), (ECR), (GARS), (GEF), (GSIG), (HDSN), (JONE), (MYRG), (OEC), (PQ), (RNDY), (SMTC), (SP), (VSLR), (WTI), (XUE)

Thursday: Before the bell- (AXAS), (AMRC), (ARES), (ACRE), (BRLI), (BKCC), (CNQ), (CSIQ), (PLCE), (CIEN), (CIO), (COST), (HILL), (EXK), (FOR), (GTN), (ICD), (DATE), (JOY), (TAX), (KR), (LMOS), (MEI), (MGCD), (PRFT), (SFE), (USPH), (WRES); After the bell- (JOBS), (ADUS), (ATSG), (ALJ), (ALDW), (ICEL), (CKP), (CHEF), (CIX), (COO), (DMD), (DMND), (ERII), (ESL), (FNSR), (TFM), (GALE), (ENT), (HCI), (IHLDY), (IRIX), (MNTX), (MMI), (ZQK), (QUMU), (RTRX), (SPP), (BFS), (SKUL), (VMEM), (WX), (ZN)

Friday: Before the bell- (BIG), (DRAD), (FL), (GPT), (MRCC), (SXE), (SPLS), (VTG), (VRS)

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COMPQ UUP VGK Weekend Market Update