Author Archives: Melissa Bogart

Euro Zone’s Instability and Recession Lowers Stock Futures

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U.S. stock index futures declined on Monday as Greece and Italy rushed to form technocrat-led governments in a bid to stave of the euro zone’s debt crisis, and as data displayed the region is heading towards a looming recession. The euro declined against the dollar as initial optimism about prospects of crisis-fighting reforms under new government in Italy and Greece made way for caution over the large debt crisis still looming over the single currency region.

Industrial production in the euro zone declined in September, supporting expectations of a sharp contraction of industry and a likely economic recession. Output at factories in the region declined 2.0 percent for the month.

“What we have here is a market that still remains skeptical as to whether or not Italy’s regrouping of its politics will be able to enhance the austerity program,” said Peter Cardillo, chief market economist at Rockwell Global Capital. “Remember that Italian politics can be quite surprising at times.”

Stocks have been trading in a choppy manner and in tandem with the euro zone recently in a sign U.S. investors are taking cues from the euro zone’s debt crisis as bouts risk aversion are often followed by periods of optimism.

S&P 500 futures declined 6.9 points and remained below fair value, while the Dow Jones Industrial Average plunged 42 points. The Nasdaq 100 Futures fell 9.25 points.

Investor Warren Buffet, the Chief Executive of Berkshire Hathaway Inc., spoke to CNBC saying that it was not clear Europe has the ability to so whatever it takes to solve the crisis. He stated that it was too early to buy European sovereign debt or bank shares.

The president of Italy asked former European Commissioner Mario Monti on Sunday to create a government to restore market confidence into an economy whose debt burden is too large for the euro bloc to bail out.

In Greece, newly appointed Prime Minister Lucas Papademos, a former central banker who oversaw his country’s entry into the euro zone in 2009, will have to win Wednesday’s confidence vote in his cabinet before meeting with euro zone’s finance ministers in Brussels on Thursday.

Tokyo’s Nikkei increased by 1.1 percent after data displayed that Japan’s economy grew 1.5 percent in the third quarter, the most rapid growth among major industrial nations, as the country bounced back from a recession triggered by the earthquakes that devastated the country.

European shares declined after an auction of up to 3 billion euros ($4.1 billion) of five-year Italian bonds failed to provide investors relief. The FTSEurofirst declined 1.1. percent.

International Business Machines Corp. (IBM) increased 0.8 percent to $188.85 during premarket trading after Buffet told CNBC that he has bought shares of the company this year.

Morgan Stanley’s (MS) Asia private equity arm is in talks to purchase a majority stake in Chinese packaging firm HCP Holdings Inc., four sources with knowledge of the matter reported to Reuters, a deal that could amount to $500 million for the company.


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Pink and OTC Stock Volatility Hits The Market Thursday (MCVE, HPGS, VRAL, SSOL)

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MacroSolve Inc., High Plains Gas Inc., Viral Genetics, and Sunvalley Solar Inc. traded with increasing volatility as the day continued on for Thursday. Check out their morning trading patterns down below.

MacroSolve, Inc. (Public, PINK:MCVE) declined 6.36% to a price of $0.103, opening the day at $0.10 per stock. Overall traded volume stood at 1.65M, alongside a market capitalization of 10.74M. On average, the company trades at a volume of 253,747.00. EPS for the company stood at -0.02 as well.

In a move to further enhance its management team and drive execution in an era of unprecedented demand for the Company, MacroSolve, Inc. announced it has appointed Randy Ritter as its Chief Operating Officer. Mr. Ritter is a telecommunications and mobility executive with a track record of increasing revenues and efficiencies at companies including Sprint Nextel and One Communications.

High Plains Gas Inc (Public, OTC:HPGS) gained 46.32% early Thursday, rising to a price of $0.139 after opening at $0.10. Overall traded volume rose as well to 2.52M, bypassing its average volume of 691,953.00. Market capitalization resided at 23.74M, coupled with an EPS of -0.25.

Viral Genetics, Inc. (Public, PINK:VRAL) shot up by 30.00% to trade at $0.0169 per stock, rising past its opening price of $0.01. Volume arrived at 276,300.00, its average volume being 1.74M. EPS remained negative at -0.01, followed by a market capitalization of 12.56M.

Sunvalley Solar Inc. (Public, PINK:SSOL) experienced a decline of 6.25% to a price of $0.0060 per stock. After opening at $0.01, overall traded volume arrived at 1.73M, its average volume being 5.00M. Market capitalization stood at 4.95M as well.


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At HotStockProfits.com, our focus is to develop a community of well-informed investors. Our free newsletter offers an array of fundamental research and technical trading suggestions on companies trading on the NASDAQ, NYSE, AMEX and OTCBB. Receive trade alerts on the Hottest Technical Trading Stocks, Momentum Plays, News Plays, FDA Plays, Earning Plays, and Featured Companies with Long-Term Potential.

Disclaimer:

Never invest in any stock featured on our site, social networking platform or emailed newsletter unless you can afford to lose your entire investment.

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Stocks Futures Plunge Wednesday Setting Up Downturn On Wall Street

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Uncertainty over who will be leading Italy through the debt crisis once Premier Silvio Berlusconi resigns slammed European bonds and stocks on Wednesday, push Rome’s borrowing rates even higher.

Tuesday’s news that Berlusconi had finally bowed down to pressure and would resign once new austerity measures had helped markets in Asia and the U.S. higher. Berlusconi had been perceived as part of the problem in the political deadlock that is gripping Italy.

That buying persisted for quite some time in Europe, but sentiment had quickly soured once again as traders worried about Italy’s uncertain future.

“The positive impact of Berlusconi’s promised resignation is being diluted by a lack of clarity on where we go from there,” said Adam Cole, an analyst at RBC Capital Markets. “The possibilities range from a technocrat government — most market positive — to new elections — most negative.”

In Europe, the main Milan stock index declined 4.2 percent while Germany’s DAX fell 1.8 percent at 5.855 and the CAC-40 in France plunged 1.9 percent at 33,085. The FTSE 100 index of leading British shares was 1.2 percent lower at 5,500.

The euro declined sharply as well, trading 1.1 percent lower at $1.3673.

Wall Street was ready for declines as well – Dow Futures declined 1.3 percent at 11,972 while the more broad Standard & Poor’s 500 futures declined 1.7 percent to 1,252.

As well as keeping a watchful eye on developments in Rome, investors are waiting to hear who will be the new prime minister in Greece.

Earlier in Asia, sentiment had been boosted by the Berlusconi pledge, with Japan’s Nikkei 225 Index closing at an increase of 1.2 percent higher at 8,755.44. South Korea’s Kospi added 0.2 percent to 1,907.53 and Hong Kong’s Hang Seng increased 1.7 percent to 20,014.43.

China’s Shanghai Composite Index increased 0.8 percent to 2,524.92 and the smaller Shenzhen Composite Index increased by 1.6 percent to 1,071.04.

Oil prices tracked equities lower – benchmark crude declined 96 cents at $95.84 a barrel in electronic trading on the New York Mercantile Exchange.


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At HotStockProfits.com, our focus is to develop a community of well-informed investors. Our free newsletter offers an array of fundamental research and technical trading suggestions on companies trading on the NASDAQ, NYSE, AMEX and OTCBB. Receive trade alerts on the Hottest Technical Trading Stocks, Momentum Plays, News Plays, FDA Plays, Earning Plays, and Featured Companies with Long-Term Potential.

Disclaimer:

Never invest in any stock featured on our site, social networking platform or emailed newsletter unless you can afford to lose your entire investment.

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PINK and OTC Gainers For Thursday Morning (BIEL, CCTC, IMDS, MFGLQ)

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PINK and OTC stocks in the green trading zone for Thursday morning, gaining immensely for the day. See which stocks made the gainers list for the day and see if they will make your list.

Bioelectronics Corp (Public, PINK:BIEL) gained 12.00% to a price of $0.0056, opening the day at $0.01. Overall traded volume stood at 1.50M, its average volume being 5.07M. Market capitalization stood at 9.25M, its EPS being 0.00.

BioElectronics Corporation has announced the publication of an article in the peer reviewed journal Aesthetic Plastic Surgery that demonstrates the effective use of BioElectronics Corporation Pulsed Radio Frequency Energy (PRFE) therapy to reduce postoperative pain.

CLEAN COAL TECHS INC (Public, PINK:CCTC) shot up by 25.00% to a trading price of $0.0195 per stock, its opening price being $0.02. Overall traded volume rose to 1.27M, its average volume being 1.21M. Market capitalization stood at 9.13M, its EPS being -0.01.

Imaging Diagnostic Systems, Inc. (Public, OTC:IMDS) increased by 5.26% to a price of $0.0060, its opening price being $0.01. Overall traded volume stood at 1.72M, its average volume being 3.01M. Market capitalization stood at 5.91M, alongside an EPS of -0.01.

MF GLOBAL HOLDINGS LTD (Public, PINK:MFGLQ) gained 14.05% early Thursday, arriving at a trading price of $0.285 after opening the day at $0.25. Overall traded volume followed and rose to 26.58M, its average volume being 23.14M. Market capitalization stood at 41.22M, accompanied by an EPS of -1.16.

The Securities and Exchange Commission (SEC) has launched a probe into whether MF Global Holdings made misleading statements about the $6.3 billion bets that sank the company, the Wall Street Journal said, citing people familiar with the matter.


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At HotStockProfits.com, our focus is to develop a community of well-informed investors. Our free newsletter offers an array of fundamental research and technical trading suggestions on companies trading on the NASDAQ, NYSE, AMEX and OTCBB. Receive trade alerts on theHottest Technical Trading Stocks, Momentum Plays, News Plays, FDA Plays, Earning Plays, and Featured Companies with Long-Term Potential.

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Stocks Make A Rebound After Two-Day Slump

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Stocks have increased sharply at the opening of the trading day Wednesday, a day following renewed worries over Europe’s debt crisis had effected markets all around the globe.

The ADP National Employment Report showcased on Wednesday that the economy;s private sector added 110,000 jobs last month, topping the economists’ expectations for a gain of 101,00 jobs. Most of the gains had come from the service industry. The ADP National Employment Report had also increased September’s job additions, to a gain of 116,000 from the previously reported 91,000.

“It is not a huge amount better, but the fact that it was better than expected and there was a revision in the last month’s number is a pretty encouraging sign,” said Peter Jankovskis, co-chief investment officer at Oakbrook Investments LLC in Lisle, Illinois

Mastercard Inc. (MA) also increased by 8 percent after reporting stronger corporate earnings.The company reported a net income of $717 million, to $5.63 per share for the three months ended September 30. That is compared to the $518 million, or $3.94 per share, for the period a year earlier. Revenue for the company rose 27 percent to $1.82 billion, from $1.43 bullion last year.

The Federal Reserve will end a two-day policy meeting later Wednesday and will resume new economic forecasts. Investors will be keeping an eye on Federal Chairman Ben Bernanke’s afternoon news conference.

Following the opening bell, the Dow Jones Industrial Average increased by 158 points, or 1.4 percent, to 11,815.00. The S&P 500 index rose 19 points, or 1.5 percent, to 1,237. The Nasdaq composite increased 30 points, or 1.1 percent, to 2,637.

About Us:

At HotStockProfits.com, our focus is to develop a community of well-informed investors. Our free newsletter offers an array of fundamental research and technical trading suggestions on companies trading on the NASDAQ, NYSE, AMEX and OTCBB. Receive trade alerts on the Hottest Technical Trading Stocks, Momentum Plays, News Plays, FDA Plays, Earning Plays, andFeatured Companies with Long-Term Potential.

Disclaimer:

Never invest in any stock featured on our site, social networking platform or emailed newsletter unless you can afford to lose your entire investment.

PLEASE NOTE WELL: The HotStockProfits.com employees are not Registered as an Investment Advisor in any jurisdiction whatsoever.

Full disclaimer can be read at http://www.hotstockprofits.com/disclaimer/

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