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Takeaway: A quick look at some stories on Hedgeye's radar screen.

Keith McCullough – CEO

Rupiah Forwards Plunge to Lowest Since 2009 as Bond Risk Surges (via Bloomberg)

Asia stocks hit by fears about emerging markets (via MarketWatch)

Fukushima Plant Has 300-Ton Water Leak (via New York Times)

Morning Reads on Our Radar Screen - duut

Brian McGough – Retail

J.C. Penney Posts Slower Sales Decline on Ullman Plan (via Bloomberg)

Retailer Dick's Sporting Goods misses estimates, shares fall (via Reuters)

Jonathan CasteleynFinancials

Capital Flows Back to U.S. as Markets Slump Across Asia (via Bloomberg)

1997 Asian financial crisis (JC note: If someone blows up in China this is your analog. via Wikipedia)

Kevin Kaiser – Energy

E&P Investors Fear the Oil Party Hangover (via Wall Street Journal)

BHP delays $14 billion Canada potash push as profit drops (via Reuters)

Go Your Own Way – Offloading Heavy Canadian Crude On The Gulf Coast (via RBN Energy)