Promotion Not Very Effective for Scorpex (PINK:SRPX)

Shawshank, VA 7/28/2011 (PennyPayDay) -- Scorpex, Inc. (PINK:SRPX) announced yesterday, in a press release, further details of its recently announced major equipment contract signed with International Environmental Technologies, Inc. ("IET") for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology. SRPX was also under an e-mail promotion campaign yesterday initiated by a third party investor.

Scorpex has agreed to a total purchase price of $30,000,000. As terms of the agreement, the purchase price will be paid in four payments as follows: $9,000,000 upon the release of funds from the lender; $9,000,000 upon IET's delivery to Scorpex of a certification that the shop drawings and other engineering work for the installation of the Equipment has been completed; $9,000,000 upon IET's delivery to Scorpex of a certification that the erection of the steel framework for all two units has been completed; and $3,000,000 upon the final check out, testing of the unit and commissioning.

IET will install the equipment, train supervisory personnel to operate and maintain the equipment, provide a set of spare parts and issue certificates of completion. IET has also agreed to provide a warranty for the equipment installed, ensuring that the equipment will be free from defects in materials and workmanship. If malfunction is reported within the warranty period, IET will repair or replace the defective or non-conforming part at no charge to Scorpex.

Chief Executive Officer Joseph Caywood commented, "As I said previously, we have made remarkable progress and are very excited to be moving forward so quickly with our business strategy. Signing such a major equipment contract at the dawn of establishing our first waste disposal and processing plant is yet another strong vote of confidence by others who have chosen to join our initiative to address Mexico's growing demand for industrial, hazardous and toxic waste management."

PennyPayday Free Stock Quotes and Approach to the Stock Market

PennyPayday focuses on bringing penny stocks and small-cap companies from all exchanges, such as (SRPX), into the spotlight for investors seeking early development opportunities. PennyPayday has quickly become a recognized penny stock site and a top source for investors seeking information and research on today's emerging hot stocks. PennyPayday provides the investing public with stock market daily news, free real-time stock quotes, free stock charts, research for investing, as well as economic stories, videos, and market briefs from a staff of experienced and dedicated financial journalists.

Sign up for our Free Newsletter today, and join the thousands already getting our emails on the hottest stocks to watch.

Disclaimer: Neither www.PennyPayday.com nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. PennyPayday may or may not have been compensated by mentioned companies: (SRPX). For full disclaimer/disclosure please read PennyPayday's disclaimer.

Distributed by IntelBuilder Social Media Platform

Americans Tweet Concerns and Opinions about Debt

Oxford, MS 7/28/2011 (PennyPayDay) -- Americans took to the phone lines and the Internet on Friday after President Barack Obama urged them again to call lawmakers and weigh in on a war over raising the U.S. debt limit that has sharply divided Congress.

Obama was making his second televised appeal in a week, asking Americans to press lawmakers to make a deal. The Treasury says Congress has four days left to raise the U.S. debt limit and avoid an unprecedented debt default.

"Now, on Monday night, I asked the American people to make their voice heard in this debate, and the response was overwhelming," Obama said, referring to the massive response by telephone and email after he asked Americans to let lawmakers know if they wanted to see a compromise on Capitol Hill.

"So please, to all the American people, keep it up," he said, appearing on many TV networks in midmorning. "If you want to see a bipartisan compromise -- a bill that can pass both houses of Congress and that I can sign -- let your members of Congress know. Make a phone call. Send an email. Tweet. Keep the pressure on Washington, and we can get past this."

Shortly after his speech, telephone circuits in the Capitol were overwhelmed by a high volume of external calls, resulting in busy signals or difficulty getting through jammed phone lines.

An hour after Obama's speech, the House Call Center sent out a system alert warning that telephone circuits were near capacity, resulting in outside callers getting busy signals, instead of having calls bounce to a free line.

By midday, Dan Weiser, communications director for the chief administrative officer in the House, said there was about a 10 percent increase in calls over normal numbers.

Several calls to the office of House Speaker John Boehner, the top Republican in Congress who is trying to get a short-term debt limit increase through but is receiving resistance from his own party, could not get through.

At first the only response was a busy signal, but in successive attempts the phone was answered by an automated message and patriotic music played after callers were told to wait to be answered in the order the call was received.

But a spokesman for Boehner's office said the amount of phone and email traffic had been holding pretty steady over the past week or so with no real increase after Obama's speech.

TWITTER

Democratic Senate leader Harry Reid's office received several thousand calls on Friday supporting a bipartisan long-term compromise, his spokesman Zac Petkanas said.

Obama also used 21st century communications, sending messages to his 9.4 million Twitter followers asking them to contact their lawmakers.

"The time for putting party first is over. If you want to see a bipartisan #compromise, let Congress know. Call. Email. Tweet.-BO," said one Tweet, using his initials to show that it was a personal appeal from the president, not his staff.

But then his staff kept Obama's Twitter feed busy, posting Twitter handles of Republican representatives and senators from each state so people could personalize their appeal.

The "compromise" hashtag, which helps categorize Tweets into themes -- was flooded with messages from people using the 140-character Twitter limit to make their wishes heard.

One example came from the Twitter account of John McMullen, who describes himself as a designer from California. The Tweet, addressed to Colorado Republican representatives Cory Gardner, Mike Coffman and Scott Tipton, read.

PennyPayday Free Stock Quotes and Approach to the Stock Market

PennyPayday focuses on bringing penny stocks and small-cap companies from all exchanges into the spotlight for investors seeking early development opportunities. PennyPayday has quickly become a recognized penny stock site and a top source for investors seeking information and research on today's emerging hot stocks. PennyPayday provides the investing public with stock market daily news, free real-time stock quotes, free stock charts, research for investing, as well as economic stories, videos, and market briefs from a staff of experienced and dedicated financial journalists.

Sign up for our Free Newsletter today, and join the thousands already getting our emails on the hottest stocks to watch.

Disclaimer: Neither www.PennyPayday.com nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. PennyPayday may or may not have been compensated by mentioned companies. For full disclaimer/disclosure please read PennyPayday's disclaimer.

Distributed by IntelBuilder Social Media Platform

Digagogo (OTC:DOGO) Jumps +14% on News and Promotion

Oxford, MS 7/28/2011 (PennyPayDay) -- Digagogo Ventures Corp. (OTC:DOGO), a provider of information and communications technology, announced today, in a press release, the appointment of Mr. Shane Macaulay to serve as a member of the Advisory Board, effective July 24 2011. DOGO is also under a heavy e-mail marketing campaign and has garnered a nice 14 percent gain today to $0.50 on moderate volume of 160,000 shares.

Mr. Macaulay has co-authored several books on the hacker mentality titled, "Know your Enemy," published by Addison-Wesley and "Hack Proofing Your Network: Second Edition," published by Syngress publishing. This book details many advanced network security methods including exploiting buffer overflows, IDS evasion and cryptography. Mr. Macaulay is an avid public speaker who frequently participates and speaks at key industry conferences including American Academy of Forensic Scientists, Microsoft Bluehat, CanSecWest, Blackhat briefings, DefCon and SANS.

Fernando Londe, CEO and Chairman of Digagogo, commented on the recent appointment of Mr. Macaulay, "As a recognized leader in the technology industry, he has been extremely influential in his roles, not only in leadership in technology ecosystems but also in the role of communities and social media. We are proud to have him join the Digagogo Advisory Board, and know his strong background and high level tech experience will have a tremendous impact on our business."

Mr. Macaulay stated, "I am pleased to join a growing start-up company like Digagogo. I have had the opportunity to hear about the Company for several months and have been impressed with its pace of innovation and the tangible impact its solutions will have on households and community businesses. I look forward to supporting the leadership as they embark on their next stage of growth."

PennyPayday Free Stock Quotes and Approach to the Stock Market

PennyPayday focuses on bringing penny stocks and small-cap companies from all exchanges, such as (DOGO), into the spotlight for investors seeking early development opportunities. PennyPayday has quickly become a recognized penny stock site and a top source for investors seeking information and research on today's emerging hot stocks. PennyPayday provides the investing public with stock market daily news, free real-time stock quotes, free stock charts, research for investing, as well as economic stories, videos, and market briefs from a staff of experienced and dedicated financial journalists.

Sign up for our Free Newsletter today, and join the thousands already getting our emails on the hottest stocks to watch.

Disclaimer: Neither www.PennyPayday.com nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. PennyPayday may or may not have been compensated by mentioned companies: (DOGO). For full disclaimer/disclosure please read PennyPayday's disclaimer.

Distributed by IntelBuilder Social Media Platform

Big Volume and Promotion for Bioheart (OTC:BHRT)

Oxford, MS 7/28/2011 (PennyPayDay) -- Bioheart, Inc. (OTC:BHRT) announced today, in a press release, that it has agreed to terms to enter into a license agreement with Airspeed Equity regarding four separate Bioheart patents. BHRT is also under a heavy e-mail marketing campaign initiated about a week ago and has seen volume skyrocket since. As I write, shares of BHRT were up 14 percent at $0.14 per share on volume of more than 1.8 million shares.

The proposed license agreement will have great benefits to both companies: Airspeed will be granted exclusive rights to these patents and all products associated with the patents. Airspeed will pay Bioheart milestone payments and royalties based on sales of potential products. Mike Tomas, President and CEO, stated, "Bioheart is currently focused on our core technology of muscle stem cells for congestive heart failure patients and we are excited about the opportunity to work with Airspeed to bring other Bioheart technologies to market."

The patents include methods of electrical stimulation and biological pacing which are marketed under the MyoStim(TM) product line. Howard Leonhardt, Bioheart's Co-founder and Chief Technology Officer, stated, "The discovery that low voltage electrical stimulation of the heart can both regenerate damaged heart tissue and replace high voltage implantable defibrillators for arrhythmia fibrillation recovery may change the course of care for the more than 30 million patients suffering of heart failure worldwide."

"Bioheart's patents fit perfectly within our medical industry strategy. We are pleased Bioheart selected us to commercialize what we believe will be successful products that can improve people's lives," said Alan Remen, Managing Director, Airspeed Equity.

Bioheart is focused on completing the Phase II/III MARVEL study for chronic heart failure using MyoCell. The product candidate has been in clinical trials since May of 2001 with the goal of commercial approval with the current clinical program. There are approximately 130 more patients needed to complete the randomized, double blinded, placebo controlled MARVEL trial. In part one of the MARVEL trial, the performance of MyoCell was nearly 500% above its primary end point goal of 16 meters improvement in exercise capacity testing. MyoCell treated patients improved 91.7 meters while placebo patients declined 4 meters.

MyoCell is a muscle-derived stem cell therapy designed to populate regions of scar tissue within a patient's heart with new living cells for the intended purpose of improving cardiac function and quality of life in chronic heart failure patients.

PennyPayday Free Stock Quotes and Approach to the Stock Market

PennyPayday focuses on bringing penny stocks and small-cap companies from all exchanges, such as (BHRT), into the spotlight for investors seeking early development opportunities. PennyPayday has quickly become a recognized penny stock site and a top source for investors seeking information and research on today's emerging hot stocks. PennyPayday provides the investing public with stock market daily news, free real-time stock quotes, free stock charts, research for investing, as well as economic stories, videos, and market briefs from a staff of experienced and dedicated financial journalists.

Sign up for our Free Newsletter today, and join the thousands already getting our emails on the hottest stocks to watch.

Disclaimer: Neither www.PennyPayday.com nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. PennyPayday may or may not have been compensated by mentioned companies: (BHRT). For full disclaimer/disclosure please read PennyPayday's disclaimer.

Distributed by IntelBuilder Social Media Platform

PNI Digital Media (OTC:PNDMF) Lands Deal with Walgreens

Oxford, MS 7/28/2011 (PennyPayDay) -- PNI Digital Media (OTC:PNDMF) announced recently, in a press release, that it has entered into an agreement with Walgreen Co. (NYSE:WAG) to provide and operate an online stationery service for Walgreens. The service will allow Walgreens customers to create and customize unique cards, invitations and other printed material.

PNI Digital Media operates the PNI Digital Media Platform, which provides transaction processing and order routing services for major retailers. The PNI Digital Media Platform connects consumer-ordered digital content, whether from online, in-store kiosks, desktop software or mobile phones, with retailers that have on-demand manufacturing capabilities for the production of personalized products such as photos, photo books and calendars, business cards and stationery. PNI Digital Media successfully generates millions of transactions each year for retailers and their thousands of locations worldwide.

Further information on our company can be found at www.pnimedia.com.

PennyPayday Free Stock Quotes and Approach to the Stock Market

PennyPayday focuses on bringing penny stocks and small-cap companies from all exchanges, such as (PNDMF), into the spotlight for investors seeking early development opportunities. PennyPayday has quickly become a recognized penny stock site and a top source for investors seeking information and research on today's emerging hot stocks. PennyPayday provides the investing public with stock market daily news, free real-time stock quotes, free stock charts, research for investing, as well as economic stories, videos, and market briefs from a staff of experienced and dedicated financial journalists.

Sign up for our Free Newsletter today, and join the thousands already getting our emails on the hottest stocks to watch.

Disclaimer: Neither www.PennyPayday.com nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. PennyPayday may or may not have been compensated by mentioned companies: (PNDMF). For full disclaimer/disclosure please read PennyPayday's disclaimer.

Distributed by IntelBuilder Social Media Platform

3 Things To Know Before Trading

Stocks were lower throughout Asia. Australia was off by about 0.9%, the Nikkei lost two thirds of a percent, the Hang Seng fell 0.6% and Shanghai lost a quarter percent. The same is true in Europe this morning, with the Dax and Footsie each down by 0.9% or so. US stock futures are down by almost a half percent.

*The June reading of China’s Leading Economic Index fell a fraction from the month before to 101.76; the lowest level in a couple of years.

*There were several bits of data released in
Japan overnight. The June reading of their Jobless Rate
rose one tenth to 4.6%, as expected. Also, Overall Household Spending was down
4.3% on an annualized basis in June, almost twice the expected decline. The June
reading of the Consumer Price Index, ex-fresh food, was down two tenths from the
month before to an annualized rate of +0.4%, the decline was only forecast to be
one tenth. However, the July reading of that same inflation measure for Tokyo rose by three tenths to +0.4% year on year, it had
been expected to be +0.2%. The preliminary June reading of Industrial Production
was up 3.9% month on month, six tenths short of the estimate.



*Spain’s Parliament has been dissolved, a vote
is scheduled for late November. Moody’s has placed Spain’s Aa2 rating on review
for possible downgrade.



*The July estimate of the Eurozone Consumer
Price Index is +2.5% year on year, two tenths less than expected.



*The June reading of German Retail Sales was
almost four times better than expected, +6.3% month on month; it is the biggest
monthly gain on record in the reunified country’s statistics since 1991.



*UK house prices were up 0.2% on a month on
month basis in July, according to Nationwide; this had been expected to fall two
tenths.



*The House yesterday did not vote on Boehner’s
debt/deficit legislation, an apparent concession to a lack of votes. The bill is
tentatively scheduled to be voted on today; that’s the plan anyway.



*The first
look at Q2 GDP is due out at 7:30am CDT. Headline growth is forecast to be +1.8%
on a quarter on quarter annualized basis and the estimate for Q2 Personal
Consumption is expected to rise 0.8%. The Q2 GDP Price Deflator is forecast to
be +2.0% and the Core PCE inflation measure is expected to be +2.3% on a quarter
on quarter annualized basis. Also released at this time is the annual revisions
for previously released GDP reports. The Q2 reading of the Employment Cost Index
is also set to be released at 7:30am, it is expected to be +0.5%. The July
reading of the Chicago Purchasing Managers Index
will be released to the public at 8:45am CDT, but will be out three minutes
earlier for subscribers to the report, it is expected to be down about one point
on the month at 60.0. The final July reading of consumer sentiment from the
University of Michigan is due out at 8:55am CDT, it is
expected to be 64.0, or up two tenths from the month’s preliminary result; it
was 71.5 in June.



*The Fed is scheduled to buy Treasuries today
that are due to mature between 1/31/14 and 6/30/15; the results of the operation
will be announced just after 10:00am CDT.



*Atlanta Fed boss Lockhart and St. Louis Fed’s Bullard are scheduled to speak about monetary policy at
2:15pm CDT at a conference in Wyoming.

Distributed by IntelBuilder Social Media Platform

SilverSun Tech (OTCQB:SSNTD) Lands $150K Software Sale; Gets 1st Beer Cloud Client

Oxford, MS 7/28/2011 (PennyPayDay) -- SilverSun Technologies, Inc. (OTCQB: SSNTD) announced today, in a press release, that the company's wholly owned subsidiary, SWK Technologies, Inc., the premier total solutions provider specializing in business software for manufacturers and distributors, has closed on a software sale valued at over $150,000.

The transaction involves the sale of Sage ERP MAS 200 SQL software and attendant consulting services.

In a separate development, SWK successfully secured the first client for its proprietary Brewery Management System ("BMS"). BMS, which is a cloud-based application designed for microbreweries and their distributors that integrates with Sage Software solutions, offers a real-time view of all orders for management, distributors and customers. A beta version of BMS will be installed at a craft brewery producing about 20,000 barrels per year of beer.

Mark Meller, CEO of SilverSun, stated, "We are pleased to announce these two transactions. Sales continue to be robust, despite the uncertain economy. Our company's reputation for depth of expertise, talent, quality, and service has placed us in the enviable position of quoting on ever more significant opportunities. We have high expectations for the balance of 2011."

Jeffrey D. Roth, CEO of SWK Technologies, said, "The BMS transaction is particularly exciting since the product was first launched only 2 short weeks ago at Sage Summit. The response to this cloud-based solution has been extraordinary, and we are following up with a large number of leads that were generated at Summit. Sales momentum continues at a record pace, and we look forward to announcing more exciting deals in the very near future."

SilverSun Technologies is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, SilverSun has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc.

PennyPayday Free Stock Quotes and Approach to the Stock Market

PennyPayday focuses on bringing penny stocks and small-cap companies from all exchanges, such as (SSNTD), into the spotlight for investors seeking early development opportunities. PennyPayday has quickly become a recognized penny stock site and a top source for investors seeking information and research on today's emerging hot stocks. PennyPayday provides the investing public with stock market daily news, free real-time stock quotes, free stock charts, research for investing, as well as economic stories, videos, and market briefs from a staff of experienced and dedicated financial journalists.

Sign up for our Free Newsletter today, and join the thousands already getting our emails on the hottest stocks to watch.

Disclaimer: Neither www.PennyPayday.com nor its officers, directors, partners, employees or anyone involved in the publication of this website or newsletters is a registered investment adviser or licensed broker-dealer in any jurisdiction whatsoever. PennyPayday may or may not have been compensated by mentioned companies: (SSNTD). For full disclaimer/disclosure please read PennyPayday's disclaimer.

Distributed by IntelBuilder Social Media Platform

The Brainy Brands Co (TBBC) Technical Stock Chart Video

Brainy Brands has made two large drops that have certainly hurt share value, but two straight green days this week will have this chart hitting the watchlist with support at 60 cents and resistance directly in front at 65 cents, but not again until nearly 80 cents.

Distributed by IntelBuilder Social Media Platform

3 Things to Know Before Trading

*Stocks were generally weak in Asian trade. Shanghai was down almost three percent, Australia lost about one and a half percent, the Nikkei fell 0.8% and the Hang Seng was down about two thirds of a percent. European indexes are mostly lower this morning, but the Footsie and Dax are little changed at the moment. US stock futures are down about three quarters of a percent.

*The first hearing for the suspected perpetrator of the mass murder in Norway is underway in Oslo, but is closed to the press.

*Talks in Washington on the debt limit and budget deficit broke down last Friday and could not be revived over the weekend. Both parties are now on separate tracks that don’t appear to intersect.

*The June reading of the Chicago Fed National Activity Index is due out at 7:30am CDT, it is expected to be -0.40; relatively unchanged from the month before.

*The July reading of the Dallas Fed Manufacturing Index is due out at 9:30am CDT, it is expected to improve to -5.2 from -17.5 the month before.

Distributed by IntelBuilder Social Media Platform

Zion Oil and Gas (ZN) Inverted Flag Pattern

The ZN stock chart has suffered a hard fall over the last six weeks, but is trying to draw support from an historic level. A true bottom play at the moment, the chart is also in an inverted flag pattern which will have technical traders keenly watching the support.

Distributed by IntelBuilder Social Media Platform

3 Things to Kow Before Trading

Stocks were mixed in Asian trade. The Nikkei lost 0.85%, Shanghai was down 0.7% and Australia was lower by a slight fraction, but the Hang Seng gained almost a half percent. European indexes are broadly higher this morning, with the Dax up one and a half percent and the Footsie better by almost 0.5%. US stock futures are higher by a half to three quarters of a percent.

*The Reserve Bank of Australia says that their current, mildly restrictive policy remains appropriate, but the growth in aggregate demand is not yet picking up and they think they have more time to assess strength of inflation; according to the minutes of the July 5 policy meeting.

*The June reading of Japan’s Nationwide Department Store Sales is +0.3% on a year on year basis, a bounce from the 2.4% decline seen the month before.

*There is some talk of a pre-summit meeting on Wednesday, the day before the Euro area leaders are supposed to get together to work on the latest solution for Greece. Yield spreads for the peripherals and Italy are moderately tighter on the day.

*The July reading of Germany’s ZEW Survey of Investor Confidence was down six points from the month before to -15.1; about three points lower than forecast and now the lowest level since January 2009. However the ZEW for the Current Situation was up three points to 90.6 and this had been expected to fall a couple of points.

*Several name firms are set to announce their earnings reports today, among them are: Coca-Cola who beat by a penny with an Q2 eps of $1.17; Bank of America was four cents better than forecast with a Q2 eps of +33 cents; Johnson and Johnson was also four cents higher than estimated at $1.28; Goldman Sachs and Wells Fargo will be out soon and Apple will report after the close.

*The weekly report on chain store sales from ICSC showed an increase of 0.4% on a week on week basis for the week ended July 16. The Johnson Redbook report on the same thing is due out at 7:55am CDT.

*The June reading of Housing Starts is due out at 7:30am CDT. The annualized rate of Housing Starts is expected to be 575k units, or up 2.7% from the month before. The estimate for Building Permits is 595k units on an annualized basis, or down 2.3% from May.


*The Fed is scheduled to buy Treasuries today that are due to mature between 1/31/13 and 1/15/14; the results of the operation will be announced just after 10:00am CDT.

*Kansas City Fed boss Hoenig is scheduled to speak on monetary policy and agriculture at 6:30pm CDT.

Distributed by IntelBuilder Social Media Platform

Bizzingo (BIZZ) Technical Stock Chart Video

The BIZZ start chart had a monster volume day to continue to push that started early this week. Support is established at 65 cents with resistance set at 75 cents. Technical traders will be watching for trading volume to remain consistent and for a push through $0.75 as the next resistance doesn't come into play until near $1.

Distributed by IntelBuilder Social Media Platform

Imaging3 (IMGG) Technical Stock Chart Video

The IMGG chart will stay on radar as long as the strong support at 8 cents holds. The indicators are once again pushed to positions where they could turn bullish, but the resistance at 9 cents must fall as well as a hold above the 50 day simple moving average as the stock chart tries to establish a true bottom.

Distributed by IntelBuilder Social Media Platform

Infrax Systems (IFXY) Technical Stock Chart Video

The Infrax chart looks to be finding a base and holding support at $0.002. The rounded bottom that is forming can often lead to a sharp upward move which is what technical traders will be watching for as resistance is intact at $0.0025. The MACD and RSI are trending upward and reaching critical points to the swing into bullishness to happen; another fact that will have the eye of traders to see if the resistance will fall.

Distributed by IntelBuilder Social Media Platform

Nevada Geothermal Power (NGLPF) Technical Stock Chart Video

The NGLPF stock chart is hitting the watchlist as a bottom play. A base is established at $0.175 with resistance at $0.195. Technical traders will be keeping a close eye on these levels as the indicators are trending upward; giving hints of potential movement.

Distributed by IntelBuilder Social Media Platform

3 Things to Know Before Trading

Stocks were generally higher in Asian trade. Australia gained more than one percent, the Hang Seng was up almost 0.9%, the Nikkei added two thirds of a percent and Shanghai rose a slight fraction. European indexes are mixed at the moment with the Dax up 0.4% and the Footsie better by a slight fraction. US stock futures are essentially unchanged.

*The May reading of Japan’s Trade Balance

*The May reading of Germany’s Trade Balance was in deficit for the second month in a row and for the third time in the last five months; the deficit was Y772.7 billion, not far from the estimate.

*The June reading of Switzerland’s Unemployment Rate was steady at 3.0% as expected.

*European peripheral debt is under some amount of pressure this morning. Some talk that Ireland may be next in line for a ratings cut by Moody’s and the Italian 10 Year spread versus Germany was out more than twenty basis points to an EMU record wide of 245 basis points on more concern for their budget.

*The June reading of the UK Producer Price Index showed output prices were up 0.1% on a month on month basis, matching the forecast.

*The June reading of the Unemployment Situation is due out at 7:30am CDT. The Unemployment Rate is expected to hold steady at 9.1%; the total Non-farm Payrolls is forecast to increase 105k and the estimate for the private sector payrolls is now said to be +132k; the monthly change in Average Hourly Wages is expected to be +0.2% and +1.9% year on year; and the Average Work Week is forecast to be unchanged at 34.4 hours. The May reading of Wholesale Inventories is due out at 9:00am CDT, it is expected to be +0.6% month on month. The May reading of Consumer Credit is due to be released at 2:00pm CDT, it is forecast to show an increase of $4.0 billion from the month before.

Distributed by IntelBuilder Social Media Platform

American Oriental Bioengineering AOB Technical Stock Chart Video

For the third time, AOB is trying to form and hold a base. This time, the base is taking on a rounded look which often times can be more reliable bottom. Technical traders will have their eyes on the resistance at $1.12 and the support at $1.05 as the indicators try to switch into bull mode.

Distributed by IntelBuilder Social Media Platform

3 Things to Consider While Trading Today

Tomahawk, WI 7/5/2011 (PennyPayDay) -- Stocks were generally mixed and little changed in Asian trade overnight. Australia lost a quarter percent and the Hang Seng was down a slight fraction, while Shanghai and the Nikkei rose a slight fraction. European indexes are mixed so far this morning, with the Dax and Footsie both up a slight faction at the moment. US stock futures are essentially unchanged as I write.

*The Reserve Bank of Australia kept its benchmark interest unchanged at 4.75% at their policy meeting today, as expected. They say inflation should be near their 2% to 3% target in the next year, but there is some concern about slowing prospects and uncertainty in Asia and Europe.

*China’s service sector Purchasing Managers Index was down two tenths on the month to 54.1, according to HSBC.

*There is chatter about a rate hike in China this coming weekend, in front of inflation data due out next week.

*SP warned over the weekend that the French plan for rolling over Greek debt would qualify as a distressed exchanged and therefore prompt the rating agency to call it a “selective default”. There does appear to be a way out of the situation if Trichet allows the ECB to rollover its holdings of Greek debt; making the default rating a temporary phase.

*The final June reading of the Eurozone’s service sector PMI was revised down a half point to 53.7, it had been expected to remain at 54.2.

*The final June reading of Germany’s PMI Service Index was revised sharply lower to 56.7 from the original result of 58.3; although that is up six tenths from the month before the report was not expected to be revised.

*The German Constitutional Court in Karlsruhe will begin hearing arguments today about the legality of Germany’s participation in last year’s bailout of Greece. Presiding Judge Andreas Vosskuhle defined the task, “Europe’s future and the right economic strategy to tackly the sovereign debt crisis isn’t debated in Karlsruhe, that’s the task of politicians, not of judges. But the Federal Constitutional Court must consider the limits that the constitution sets the political realm. Self limitation by law is the foundation of the democratic constitutional state—above all in a crisis situation.” No word on when a ruling will be reached.

*The May reading of Factory Orders is due out at 9:00am CDT, it is expected to be +1.0% on a month on month basis.

Distributed by IntelBuilder Social Media Platform

Shengkai Innovations (VALV) Technical Stock Chart Video

Bottom Play! We're kicking off the new week with a look at VALV, a play that has lost more than 50 percent of its value in the last four weeks. Technical traders will have their eyes peeled for the $1.25 mark to hold as a bottom support as the chart tries to halt the fall and re-gain some ground.

Distributed by IntelBuilder Social Media Platform