Welcome to Tuesday’s ‘Just A Minute’. Here’s a 60 second summary of some of the key market activities today:

• Main trading events of the day: UK Construction PMI @ 09.30 GMT & U.S. Factory Orders @ 15:00 GMT

• Stocks to watch: Buffalo Wild Wings Inc, Hillenbrand Inc & Sirius XM Holdings. Twitter & LinkedIn shares edge higher ahead of reports later this week.

• Other trading news: Gold holds advance as concern that global growth may be faltering sends equity markets lower and boosts demand for haven assets.

What We’re Watching Today:

Market Watch: More Selling Ahead

The S&P 500 broke below an important trend line yesterday, and technicians are seeing more selling ahead. Whether this means the start of a bear market remains to be seen but at the very least, there’s going to be a very severe, very sustainable and really quite an ugly correction. The S&P 500 is down 5.7 percent since the start of the year, and it fell 2.3 percent Monday. The S&P ended the day at 1741, and selling accelerated when it broke through 1770, a level it tested and held last week. According to the Stock Trader’s Alamanc, “A bear market requires a 30 percent drop in the Dow Jones Industrial Average after 50 calendar days or 13 percent decline after 145 calendar days. Reversals of 30 percent in the Value Line Geometric Index since 1965 also qualify.”

Eurozone:

Deflation fears: Will The ECB Pull The Trigger Again?

Another low inflation shock in the eurozone has increased the pressure on the European Central Bank (ECB) to act, with some economists arguing that a rate cut could be announced as soon as this week. The focus will be on ECB President Mario Draghi this Thursday following the central bank’s policy meeting, with economists expecting him to act sooner rather than later. Concerns that the 18-nation currency bloc was headed for deflation were boosted further on Friday, when official data revealed that inflation fell to 0.7 percent in January – below the 0.9 percent expected by economists, and significantly lower than the ECB’s 2 percent target. Although the ECB remains in a wait-and-see mode, it is likely that it will be forced to act and this is only a question of time.

Tech:

Investors Eye Microsoft Breakup

Microsoft’s new leadership could almost double the company’s valuation by parting with a good chunk of the businesses it uses to court consumers. Offloading units such as Xbox video-game consoles and the Bing search engine may be the change Microsoft needs to stimulate growth as it prepares to make Satya Nadella chief executive officer. Some analysts believe that Microsoft should go further by also splitting off Windows and smartphones to focus on providing services to business customers. Former CEO and co-founder Bill Gates is weighing giving up his title as chairman, but is likely to remain involved in product development. Stocks are cheap – keep an eye on them!

That sums up Tuesday’s highlights! We wish you a profitable trading week. Remember to keep in touch with us on Facebook, Google+ & Twitter for all the latest news, information, tips and more! Trade with the experts and become a superior trader!