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January 15, 2013  Tue 7:23 AM CT

EXPR: SEE CHART GET CHAIN FIND STRATEGIES

Same Store Sales Now Seen Rising

Retailer Express previously expected same-store sales to fall slightly in the fourth quarter, but now it sees a small increase. It also raised its earnings forecast to $0.72 to $0.74 a share from $0.62 to $0.68. EXPR pops 16 percent before the bell on my tradeMONSTER platform.

Forest Labs Drops on Weak Results

Forest Laboratories reported a third-quarter loss of $0.21 a share, worse than the $0.14 loss expected by analysts. Net sales of $722.7 million also badly missed the $762 million consensus forecast, sending FRX lower by almost 6 percent in early trading.

Lululemon Sales to Miss the Mark

Lululemon Athletica is trying to blame a "compressed" holiday season, but investors aren't buying it. The yoga-wear retailer said fourth-quarter sales will be $475 million to $480 million, but analysts were looking for $489 million. LULU drops 7 percent in the premarket

QLogic To Beat Consensus

QLogic expects to report third-quarter earnings of $0.19 to $0.20 a share on revenue of $119 million. Analysts had expected $0.17 and $115 million, respectively. QLGC rose 9 percent before the bell.

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Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

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