The new Buffett holdings are below.

American Express Co. (NYSE: AXP) was roughly 151.6 million shares, SAME AS last quarter.

Bank of New York Mellon Corp. (NYSE: BK) was almost 19 million shares, which appears to be slightly lower but it had been raised before. What matters here is that it remains a substantial holding still.

Chicago Bridge & Iron Co. (NYSE: CBI) was a NEW POSITION at just over 6.5 million shares worth over $400 million.

Coca-Cola Co. (NYSE: KO) was more than 400 million shares due to the stock split of 2012, but this is virtually the SAME AS BEFORE.

ConocoPhillips (NYSE: COP) is the SAME POSITION at 24.1 million shares, but this is lower than in prior quarters.

Costco Wholesale Corp. (NASDAQ: COST) was the SAME POSITION at 4,333,363 shares.

DaVita Inc. (NYSE: DVA) was a LARGER POSITION and already more than a 10% stake and we recently saw that Berkshire Hathaway had entered into a standstill agreement not to buy more than 25% of the company after already having increased its stake recently. This was listed as 14.97 million shares as of March 31 versus 13.6 million shares before.

Deere & Co. (NYSE: DE) was the SAME POSITION at roughly 4 million shares.

DirecTV (NASDAQ: DTV) was HIGHER YET AGAIN at 37.275 million shares versus almost 34 million shares and that was also higher than before.

Gannett Co. (NYSE: GCI) was the SAME POSITION of 1.74 million shares.

General Electric Corp. (NYSE: GE) is listed as the SAME POSITION at 588,900 shares, but this is still way down from prior reports.

General Motors Co. (NYSE: GM) is the SAME POSITION at 25 million shares, but this was previously up from smaller positions.

GlaxoSmithKline (NYSE: GSK) is the SAME POSITION at 1.51 million shares.

In general, April sales benefited from lower prices for gasoline, an extra shopping day, and generally better news on the U.S. economy. Late snow and cold temperatures in parts of the country, the payroll tax increase and the effects of the sequester acted as drags on sales.

Several retailers no longer report monthly same-store sales. These include Target Corp. (NYSE: TGT), Macy’s Inc. (NYSE: M), Kohl’s Corp. (NYSE: KSS), Wal-Mart Stores Inc. (NYSE: WMT), Abercrombie & Fitch Co. (NYSE: ANF) and American Eagle Outfitters Inc. (NYSE: AEO).

Here’s a rundown:

Costco Wholesale Corp. (NASDAQ: COST) reported that same-store sales for April rose 4% compared with the same month in 2012. That is below the Retail Metrics estimate for a gain of 4.9%, excluding gasoline sales.

L Brands Inc. (NYSE: LTD) said same-store sales for April rose 2% compared with the same period last year and a Retail Metrics estimate for a rise of 4.8%. The company also said that it expects to report EPS for the first quarter of $0.46, which is higher than previous guidance of $0.40 to $0.45, but in line with the consensus estimate. L Brands noted that first-quarter earnings took a hit of $0.03 per share due to severance and a higher tax rate.

The Buckle Inc. (NYSE: BKE) reported same-store sales for April rose 6.2% compared with the same period a year ago. The Retail Metrics estimate called for a rise of 1.8%.

Stein Mart Inc. (NASDAQ: SMRT) yesterday reported an 8% jump in same-store sales for April, well above the 3% estimate from Retail Metrics.

PriceSmart Inc. (NASDAQ: PSMT) reported same-store sales for April rose 10.7%, higher than the 10.2% rise estimated by Retail Metrics.

Zumiez Inc. (NASDAQ: ZUMZ) posted a same-stores sales rise of 4.6% for April, better than the 4.1% increase expected by Retail Metrics.

The TJX Companies Inc. (NYSE: TJX) reported same-store sales rose 8% in April. The Retail Metrics estimate called for a rise of 6.8%.

Costco shares are inactive in the pr-market, having closed last night at $109.61 in a 52-week range of $82.10 to $110.41.

Limited’s shares are down 1.8%, at $52.25 in a 52-week range of $40.32 to $53.33.

Stein Mart’s shares are inactive this morning, and closed last night at $10.90 in a 52-week range of $6.15 to $11.10.

PriceSmart’s shares are also inactive this morning, and closed last night at $88.52 in a 52-week range of $59.00 to $90.94.

Zumiez’s shares are inactive and closed at $30.41 last night in a 52-week range of $17.93 to $41.96.

The Buckle’s shares are trading up 1.4% at $50.31 in a 52-week range of $36.33 to $51.74.

TJX’s shares are inactive and closed at $50.40 last night in a 52-week range of $39.46 to $50.61.

Specialty apparel stores are expected to post a gain of 5.9% compared with April 2012, the largest boost in the group. Apparel stores aren’t far behind with projected growth of 5.8%. Department stores lag, with an expected drop of 0.8% in April same-store sales.

J.C. Penney Co. Inc. (NYSE: JCP) drags the department store group down with a projected drop in same-store sales of 11.7%. Sears Holdings Corp. (NASDAQ: SHLD) is forecast to see sales drop 3% in April.

Among the discount stores, Costco Wholesale Corp. (NASDAQ: COST) is expected to post a gain of 4.9% excluding gasoline sales and PriceSmart Inc. (NASDAQ: PSMT) is forecast to show a gain of 10.2%. Stein Mart Inc. (NASDAQ: SMRT) has already ready reported an 8% jump in same-store sales for April, well above the 3% estimate from Retail Metrics.

Wal-Mart Stores Inc. (NYSE: WMT) is among the many stores that no longer report monthly sales, but Retail Metrics forecasts sales at Sam’s Club stores will rise by 1.6% while sales at the company’s other stores will fade by 0.1%. Overall, Walmart sales are forecast to rise 0.4%, well below last year’s 3% gain in April.

Retail Metrics notes that lower prices for gasoline, an extra shopping day, and generally better news on the U.S. economy helped drive sales in April. Late snow and cold temperatures in parts of the country, the payroll tax increase, and the effects of the sequester acted as drags on sales.

The 2013 primer for “Sell in May and Go Away!” will be more concise and quick-hit. More detailed and recent background data is available in links, for a broader, fresh reading on each point.

Maybe this really was supposed to be a “Sell in April” call as the markets have become choppy after huge gains. Investors have high profits that they can still lock in, but many investors still have managed to miss the bull market without making much in profits outside of their bond funds. Due to attempts to chase returns and to catch up on missing five years of retirement investing, the first quarter saw record inflows of capital into stock funds, if you measure the past decade or so. The fact that interest is being rekindled in stocks actually may lead to some stabilizing support in May, even if the economic data remains spotty to cautious.

Corporate earnings are coming out mixed. The overall focus of just earnings and guidance is positive on the bottom line, but revenue growth for the major companies remains stodgy and hard to find this year. Weak international markets and emerging markets are playing into that, as is the rising value of the U.S. dollar relative to other currencies.

Economic readings are showing only modest growth or contraction. If you have looked at the various purchasing managers’ index readings and the regional Federal Reserve and regional economic reports, the sentiment is either in the red, showing contraction, or growth that remains so low that it might as well be contraction.

Europe remains a serious point of weakness. Somehow the tiny banking island nation of Cyprus managed to dwarf the problems of Greece, Italy and elsewhere. Now we have France effectively in a recession again, and Germany’s reports are teetering back to recessionary levels. If these readings do not improve, then growth forecasts for later in 2013 will revert to recessionary projections. That is bad for exporters. The U.K. even lost another Triple-A rating.

China and emerging markets are less than robust. The recent International Monetary Fund and other international meetings point to emerging markets not being strong enough to support their internal growth projections. Growth in Brazil and Russia may be better than in India, but the whole BRIC complex is running below its capabilities. China has been called the growth engine of the world but it also is showing more manufacturing weakness as well.

Consumers are facing pressure. Weaker consumer sentiment has come after the start of higher taxes, but commodities may help stabilize the bleeding. Consumers have had to face higher payroll taxes and higher food prices. Overall inflation is tame. This is hurting sentiment and some spending measurements. The good news here is that lower oil prices will save consumers directly at the pump, which helps them have more spending money for restaurants, entertainment and other consumer spending issues. If oil prices remain low, this may be a stabilizing force against what would otherwise be a less than robust consumer. Wal-Mart Stores Inc. (NYSE: WMT), Target Corp. (NYSE: TGT) and even Costco Wholesale Corp. (NASDAQ: COST) are all within 1% or so of multiyear highs in their share prices.

Broader economic barometer companies are faltering. Caterpillar Inc. (NYSE: CAT) showed serious concerns about the year ahead for pre-infrastructure and mining outfits. The only saving graces were that investors already were figuring this into the share price and that the company will spend up to $1 billion to repurchase shares on the cheap. General Electric Co. (NYSE: GE) managed to meet many expectations, but this one had run up and valuation met what is obviously going to be slower growth ahead for this economic bellwether as well.

Banking excitement has petered out. The post-earnings reaction to banks has not carried the 2012 excitement much further into 2013. It is getting harder to find the same enthusiasm around Bank of America Corp (NYSE: BAC) and J.P. Morgan Chase & Co. (NYSE: JPM). Even a discount to book value argument has not yet handily changed after about four years of recovery. Jamie Dimon even warned of more regulatory action ahead.

Technology is waning for the bulls. The good news is that Microsoft Corp. (NASDAQ: MSFT) and Intel Corp. (NASDAQ: INTC) managed to hold up better than expected after earnings. The bad news is that Windows 8 has been partially blamed for a weak PC sales cycle that was the worst in years so far. Apple Inc. (NASDAQ: AAPL) has lost its way and wrecked many investor fortunes who wanted to chase what was supposed to be a sure thing. International Business Machines Corp. (NYSE: IBM) showed not just that it had little growth, but contraction. It simply may have run out of room to grow.

Metals have been serious points of weakness. Both have hit multiyear lows, but gold has wrecked more market-oriented finances and weak miner trends may imply that gold has not found a new investor base yet. Copper forecasts have come down due to the global demand and supply issues, and copper is arguably one of the biggest leading indicators of them all for emerging market and Chinese expansion. Elsewhere in metals, Alcoa Inc. (NYSE: AA) manages to keep selling a very slow and targeted turnaround story, and its shares are still lower than before its recent earnings and guidance.

A Recent History of “Sell in May and Go Away!”

At the end of April of 2012, there was a long road of political hate ahead of the U.S. presidential election, with an economy that was still sluggish but avoiding recession. The labor data was still choppy, with unemployment at about 8.2% due to lower labor force participation rates. Earnings growth was slowing then as well, and Europe was actually even more of a concern in 2012 than it is in 2013. The good news is that equity values were attractive and the FOMC still had more quantitative easing measures in its pocket at the time, with the pledge of maintaining an “exceptionally low rate policy” through the end of 2014.

The year 2011 felt close to a repeat of 2010, with the worries not just about the PIIGS (Portugal, Italy, Ireland, Greece, Spain), but about the possibilities of a U.S. debt rating downgrade, which did ultimately come. Housing was still in the tank and employment was not yet in a full-blown recovery in America. While the end of April to the end of May did see a drop of 800 points in the DJIA, from almost 12,900 in late April and early May to just above 12,000 by late May and 11,900 by late June, it was late July and August that were the cruel months for the DJIA as companies began to suffer serious earnings concerns. The DJIA bottomed out just under 10,600 in August. By late October the market was back above 12,000 again.

But 2009 was a very different year because the market was recovering from the crash and stocks were still benefitting from that move. Summer of 2010 has a nasty start as investors worried about a double-dip recession, as housing prices continued to sink and unemployment was still a prime concern. We also faced that punishing event called the “Flash Crash.” Another big distraction was BP PLC (NYSE: BP), for its disaster in the Gulf of Mexico, and America and the rest of the world was starting to consider some problems in nations called the PIIGS. The market peaked around 11,300 in late April and had sunk to a 9,800 by early May. Even around July 6, the DJIA was only near 10,200, and it was only back up to almost 10,500 after the end of August around Labor Day.

The U.S. dollar index is trading down 0.81% today, now at 81.752. The GSCI commodity index is down 2.3% at 608.83 (more commodities coverage here). WTI crude oil closed up 0.1% today, at $88.81 a barrel. Brent crude trades down 1% at $99.63 a barrel, its first dip below $100 a barrel since last July. Natural gas is up 0.9% today at about $4.16 per million BTUs. Gold settled up 1.9% today at $1,387.40 an ounce, following the yesterday’s drop of 9.3%.

The unofficial closing bells put the DJIA up more than 157 points to 14,756.70 (1.08%), the NASDAQ rose more than 48 points (1.50%) to 3,264.63, and the S&P 500 rose 1.43% or more than 22 points to 1,574.56.

There were a several analyst upgrades and downgrades today, including Costco Wholesale Corp. (NASDAQ: COST) started as ‘buy’ at UBS; Sprint Nextel Corp. (NYSE: S) raised to ‘overweight’ at J.P. Morgan and reiterated as ‘buy’ with a price target of $8 at Argus; First Solar Inc. (NASDAQ: FSLR) reiterated as ‘hold’ at Argus; Microsoft Corp. (NASDAQ: MSFT) raised to ‘overweight’ at Morgan Stanley; and American Electric Power Co. (NYSE: AEP) cut to ‘market perform’ at Wells Fargo.

Earnings reports since markets closed last night resulted in some price moves today, including these as of the last half hour of trading: Pep Boys – Manny, Moe & Jack (NYSE: PBY) is down 6.2% at $10.55; BlackRock Inc. (NYSE: BLK) is up 0.9% at $256.20; Comerica Inc. (NYSE: CMA) is up 2% at $34.83; Goldman Sachs Group Inc. (NYSE: GS) is down 1.8% at $143.88 (more coverage here); Johnson & Johnson (NYSE: JNJ) is up 2.2% at $83.47 after posting a new 52-week high of $83.54 earlier today (more coverage here); and The Coca-Cola Co. (NYSE: KO) is up 5.9% at $42.46 after posting a new 52-week high of $42.47 earlier today (more coverage here).

Before markets open tomorrow morning we are scheduled to hear earnings reports from CSX Corp. (NYSE: CSX), Intel Corp. (NASDAQ: INTC), United Rentals Inc. (NYSE: URI), and Yahoo! Inc. (NASDAQ: YHOO).

Some standouts among heavily traded stocks today include:

J.C. Penney Co. Inc. (NYSE: JCP) is up 6.1% at $15.27. The struggling retailer saw its shares rise on reports that it was looking at borrowing against its substantial real estate holdings and even other ways to raise cash based on the dirt underneath the stores.

Barrick Gold Corp. (NYSE: ABX) is down 5.3% at $18.74 after posting a second consecutive 52-week low of $18.66 earlier today. The gold mining company continues to be weighed down by the decline in gold prices. Other gold miners continue to suffer as well.

Citigroup Inc. (NYSE: C) is up 3.8% at $46.60. The big bank’s positive earnings results yesterday, especially the improvement in its credit losses, gained more favor today.

Stay tuned for Wednesday. Fed Governor Jeremy Stein, St. Louis Fed President James Bullard, and Boston Fed President Eric Rosengren are giving speeches. We have also noted the following events on the schedule (all times Eastern):

• 7:00 a.m. – Mortgage Bankers Association purchase applications
• 10:30 a.m. – EIA weekly petroleum status report
• 2:00 p.m. – Federal Reserve Beige Book

UBS frequently does not offer price targets, so we have included the consensus price targets from Thomson Reuters versus Monday’s closing price. In this particular report, the firm did offer price targets, and we would note that the targets are above-consensus in all three cases.

Costco Wholesale Corp. (NASDAQ: COST) was started as Buy with a street-high $121 price target. Shares closed at $104.21 on Monday and the consensus target price is $108.05. Costco’s common dividend is only 1% at the current level.

Target Corp. (NYSE: TGT) was given only a Neutral rating and $75 price target. Shares are at $68.48, and the consensus price target is $71.89. Target pays a 2.1% dividend yield. Be advised that Target reported earnings this morning and shares are down just over 1% as guidance is apparently a tad short of estimates.

Wal-Mart Stores Inc. (NYSE: WMT) also was started with a Buy rating and with an $89 price target. Be advised that this is a street-high price target, as the prior high is listed as $88 on the retail giant. Shares are at $78.47, the consensus price target is only $79.11, and the dividend is higher than the others at 2.4%.

In general, March comparable sales were hit by cold, snowy weather that put a crimp in sales of spring merchandise. Other factors contributing the low forecast and results were a later Easter holiday, weaker jobs data and federal budget cuts. Lower gasoline prices, tax refunds and record equity prices were among the positives for the month.

March 2013 is a five-week period for most retailers, ending at April 6 or 7.

Several retailers no longer report monthly same-store sales. These include Target Corp. (NYSE: TGT), Macy’s Inc. (NYSE: M), Kohl’s Corp. (NYSE: KSS), Wal-Mart Stores Inc. (NYSE: WMT), Abercrombie & Fitch Co. (NYSE: ANF) and American Eagle Outfitters Inc. (NYSE: AEO).

Here’s a rundown:

Costco Wholesale Corp. (NASDAQ: COST) reported that same-store sales for March rose 4%, compared with the similar period in 2012. That is well below the Retail Metrics estimate for a gain of 5.6%, excluding gasoline sales.

Limited Brands Inc. (NYSE: LTD) said same-store sales for March rose 3%, compared with the same period last year and a Retail Metrics estimate for a rise of 0.4%. The company, though still named Limited Brands, now wants to be known as “L Brands.”

The Buckle Inc. (NYSE: BKE) reported same-store sales for March were flat, compared with the same period a year ago. The Retail Metrics estimate called for a rise of 0.1%.

Stein Mart Inc. (NASDAQ: SMRT) reported same-store sales for March down 2.8%. Retail Metrics estimated a same-store sales decrease of 1.3%% for Stein Mart.

PriceSmart Inc. (NASDAQ: PSMT) reported same-store sales for the four weeks ended March 31 rose 7.9%, below the 8.8% rise estimated by Retail Metrics.

Zumiez Inc. (NASDAQ: ZUMZ) posted a same-stores sales rise of 2.1% for March, much better than the 8% decline expected by Retail Metrics.

The TJX Companies Inc. (NYSE: TJX) reported same-store sales fell 2% in March. The Retail Metrics estimate called for a drop of 1.4%.

TJX’s shares are up 0.6% at $47.79 in a 52-week range of $39.38 to $48.20.

Limited’s shares are up 3.1%, at $49.68 in a 52-week range of $40.32 to $52.50.

Costco shares are up 0.2% at $105.92 in a 52-week range of $81.98 to $107.75.

Stein Mart’s shares are down 0.4% at $8.13 in a 52-week range of $6.02 to $9.34.

PriceSmart’s shares are down fractionally at $84.81 in a 52-week range of $59.00 to $86.00.

Zumiez’s shares are up 10.4% at $27.50 in a 52-week range of $17.93 to $41.96.

The Buckle’s shares are trading up 3% at $48.99 in a 52-week range of $36.33 to $51.74.

Cold weather slowed sales of spring apparel forcing retailers to take deeper markdowns in order to move spring merchandise. Many retailers have already warned on earnings, and the unplanned release of an internal memo from Wal-Mart Stores Inc. (NYSE: WMT) have prepared investors for far-from-robust sales reports.

The bright spot is discounters, led by Costco Wholesale Corp. (NASDAQ: COST) and PriceSmart Inc. (NASDAQ: PSMT), which as a group are expected to post same-store sales growth of 5.8%, compared with growth of 6.4% in March of 2012.

Department stores are expected to be flat this year, compared with growth of 6% last year. Nordstrom Inc. (NYSE: JWN) and Macy’s Inc. (NYSE: M) are expected to post the best growth, 4.5% and 3.8%, respectively. J.C. Penney Co. Inc. (NYSE: JCP) is expected to show a downturn of 9.2%.

Teen apparel sales are forecast to be 2.9% lower than a year ago, while apparel stores and specialty apparel sales are forecast to be down 1.5% and 1.4%. Drug stores, including Walmart, are forecast to show a drop in sales of 0.5% for March.

In its early forecast for April sales, Retail Metrics says that the current month should be “much better” than March, driven by “pent-up demand for spring apparel and seasonal goods.” But the book on March is closed with pretty low expectations.

Boeing Co. (NYSE: BA) reiterated Buy with $100 price target at BofA/Merrill Lynch.

Costco Wholesale Corp. (NASDAQ: COST) reiterated Buy and target raised by $2 to $115 at Argus.

CVR Refining L.P. (NYSE: CVRR) raised to Outperform and target raised to $34 from $32 at Credit Suisse.

Discover Financial Services (NYSE: DFS) reiterated Buy with $47 target at BofA/Merrill Lynch.

El Paso Pipeline Partners L.P. (NYSE: EPB) cut to Neutral but raised target by $1 to $44 at Credit Suisse.

EQT Midstream Partners L.P. (NYSE: EQM) cut to Neutral at Credit Suisse.

Fortress Investment Group LLC (NYSE: FIG) raised to Buy and target raised to $8.50 from $6 at Goldman Sachs.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) named Bear of the Day as copper and gold are weighing down lots of miners at Zacks Investment Research.

Oracle Corp. (NASDAQ: ORCL) raised to Buy from Hold at Canaccord Genuity.

Symantec Corp. (NASDAQ: SYMC) named Bull of the Day as cyber security threats are on the rise at Zacks Investment Research.

Synergy Resources Corp. (NYSEMKT: SYRG) started as Buy at KeyBanc.

Tesoro Logistics L.P. (NYSE: TLLP) cut to Neutral at Credit Suisse; cut to Neutral at BofA/Merrill Lynch.

Texas Instruments Inc. (NASDAQ: TXN) cut to Market Perform at Bernstein.

Verizon Communications Inc. (NYSE: VZ) reiterated Buy and raised target $6 to $54 at Argus.

Walgreen Co. (NYSE: WAG) raised to Buy at UBS.

Wal-Mart Stores Inc. (NYSE: WMT) reiterated Buy with $85 price target at BofA/Merrill Lynch.

Yum! Brands Inc. (NYSE: YUM) maintained Outperform and raised target by $3 to $70 at Credit SUisse.

Zoetis (NYSE: ZTS) started as Neutral at BofA/Merrill Lynch, started as Neutral at Goldman Sachs, started as Buy at Jefferies, started as Overweight at J.P. Morgan and started as Buy at Deutsche Bank.

Advanced Micro Devices Inc. (NYSE: AMD) was shown with a $5 to $7 valuation and was maintained as outperform at Wells Fargo on Tuesday, implying a stock that will double. Here were some of our issues with the call.

BofA/Merrill Lynch’s prized RIC Report looked great for stocks, but not for gold and bonds.

Here are 11 stocks which analysts expect to rise 50% to 100% (or more) over the next year.

Here is a list of eight companies that will benefit from the Keystone pipeline if approved.

The U.S. dollar index rose 0.02% today, now at 82.594. The GSCI commodity index is down fractionally at 648.72, with commodities prices mostly mixed again today. WTI crude oil closed up 0.5% today, at $92.54 a barrel, following the release of the EIA’s short-term energy outlook (more coverage here). Brent crude trades down 0.6% at $109.61 a barrel. Natural gas is down 0.3% today at about $3.64 per million BTUs. Gold settled up 0.9% today at $1,591.70 an ounce.

The unofficial closing bells put the DJIA up less than 2 points to 14,450.06 (0.01%), the NASDAQ fell more than 10 points (-0.32%) to 3,242.32, and the S&P 500 fell -0.24% or nearly 4 points to 1,552.48.

There were a several analyst upgrades and downgrades today, including Best Buy Co. Inc. (NYSE: BBY) raised to ‘buy’ at Goldman Sachs; RadioShack Inc. (NYSE: RSH) cut to ‘sell’ at Goldman Sachs; Pandora Media Inc. (NYSE: P) started as ‘outperform’ at Pac-Crest; Apple Inc. (NASDAQ: AAPL) maintained as ‘hold’ but price target cut to $420 at Jefferies; and The TJX Companies Inc. (NYSE: TJX) started as ‘overweight’ at Barclays.

Earnings reports since markets closed last night resulted in several price moves today, including these: CVR Energy Inc. (NYSE: CVI) is up 1.6% at $59.57; Diamond Foods Inc. (NASDAQ: DMND) is down 10.1% at $15.82; Fuel Cell Energy Inc. (NASDAQ: FCEL) is down 4.1% at $1.00; Urban Outfitters Inc. (NASDAQ: URBN) is up 0.8% at $41.81; Bon-Ton Stores Inc. (NASDAQ: BONT) is up 5.5% at $12.56; Costco Wholesale Corp. (NASDAQ: COST) is up 1.2% at $103.68 (more coverage here); and Stage Stores Inc. (NYSE: SSI) is down 0.8% at $26.62.

Before markets open tomorrow morning we are scheduled to hear from Dole Food Company Inc. (NYSE: DOLE), Majesco Entertainment Co. (NASDAQ: COOL), Peregrine Pharmaceuticals Inc. (NASDAQ: PPHM), Express Inc. (NYSE: EXPR), and TravelCenters of America LLC (NYSEMKT: TA).

Some standouts among heavily traded stocks today include:

Glu Mobile Inc. (NASDAQ: GLUU) is up 15.3% at $2.79. The mobile game developer launched its first real-money mobile gambling game in the U.K.

J.C. Penney Co. Inc. (NYSE: JCP) is up 4.3% at $15.69. The retailer denies the CEO is leaving and the shares rise. Go figure.

Zynga Inc. (NASDAQ: ZNGA) is down 4.8% at $3.74. The social game maker says it will offer real-money gambling games, but Glu Mobile beat it to the punch today.

Stay tuned for Wednesday. We have noted the following events on the schedule (all times Eastern):

• 7:30 a.m. – Mortgage Bankers Association purchase applications
• 8:30 a.m. – Retail sales
• 8:30 a.m. – Import and export prices
• 10:00 a.m. – Business inventories
• 10:30 a.m. – EIA weekly petroleum status report
• 1:00 p.m. – 10-year note auction
• 2:00 p.m. – Treasury budget