Commodities Pushing CDN Markets Up, U.S. Markets Stay Range-Bound

allpennystocks Newsletter

You can read the original version online:

http://ymlp262.net/zKSMZh ——————————————————————————– February 23, 2014 Week In Review…

Week In Review For February 17 to February 21, 2014 This week on AllPennyStocks.com:

* Article Published, February 18, 2014: Starcore Soars to 52 Week High on Gold Production in Q2 (http://www.allpennystocks.com/aps_ca/special-reports/405/Starcore-Soars-to-52-Week-High-on-Gold-Production-in-Q2.htm) (CDN Company) * Article Published, February 19, 2014: Sales Surge More Than 300 Percent in Q1 for Cemtrex as Profits Rise 150 Percent (http://www.allpennystocks.com/aps_us/special-reports/428/Sales-Surge-More-Than-300-Percent-in-Q1-for-Cemtrex-as-Profits-Rise-150-Percent.htm) (U.S. Company) * Article Published, February 21, 2014: Telehop Buying the Rest of G3 Telecom Corporation (http://www.allpennystocks.com/aps_ca/special-reports/406/Telehop-Buying-the-Rest-of-G3-Telecom-Corporation.htm) (CDN Company) Video charts for the week:

* February 21st Technical Video Chart For CHCI. The Comstock Homebuilding Cos. chart is caught in a channel between $1.70 and $2.20. The indicators are relatively neutral, but easily could turn bullish if the move off the bottom support that began on Thursday continues. view: ( http://www.youtube.com/watchv=eHvOGWmhmIM ) * February 21st Technical Video Chart For PTM:CA.The Platinum Group Metals chart has been in a solid uptrend since last July, although it failed to make a new high last month. The chart is rising off a solid support level near $1.30 and moving towards a resistance at $1.43, which could signal it is now ready to make a new high.

view: ( http://www.youtube.com/watchv=x9yj2DW7R-g ) _______________________________________________________________ Featured Link: Try the AllPennyStocks.com Pro newsletter / member area free for 30 days. Members receive exclusive penny stock picks with specific buy / sell calls, special reports on various economic topics, monthly commodity and indices analysis allowing you to be the first to know what direction the markets will be heading.

Other features include unrestricted access to the “Penny Stock of the Day”feature which offers daily trading ideas including detailed trading analysis of each trade idea for technical traders and ad-free viewing of AllPennyStocks.com.

With all these features offered in one place, one can quickly see that AllPennyStocks.com Pro is a must have service for any investor looking to make serious money.

Take advantage of our limited-time pricing, and flexible monthly, six month and one year payment options. We pick the winners, you make the money! Click here: ( http://www.allpennystocks.com/allpennypro/ ) to view a sample stock pick and start your free 30 day trial.

Start Your 30 Day Free Trial Now: Click Here: ( http://www.allpennystocks.com/allpennypro/ ).

_______________________________________________________________ WEEKLY UPDATE – EQUITIES MIXED AS COMMODITIES SUPPORT CANADA, SOFT ECONOMIC DATA HAS AMERICANS QUESTIONING RECOVERY Stocks in North America were mixed in a shortened week last week as Canadians rested on Monday for Family Day and Wall Street was shuttered in observance of Presidents` Day. Upon trading resuming on Tuesday, some impressive streaks continued with the Nasdaq closing ahead for the eighth straight day for the longest run since July 2013.

The TSX Composite topped that with its tenth consecutive green close.

While the Nasdaq streak was snapped on Wednesday, the benchmark TSX went on to run its streak to 12 consecutive up days before finally closing narrowly in the red on Friday. Still, though, the TSX Composite is sitting near three-year highs and the Nasdaq is at its highest level since April 2000. Maybe somewhat amazing, with a close this past week at 4,263, the Naz is closing in on its all-time peak of 5,132 at the peak of the dot-com bubble in March 2000. The smaller TSX Venture exchange has been nothing shy of stellar itself, rising in each of the 11 past sessions, smashing through a technical resistance and closing above 1,000 for the first time since the second week of April 2013.

The blue chip Dow Jones Industrial Index and S&P 500 didn`t fare as well last week, both closing in the red. The Dow closed down in three of four sessions and the S&P 500 keeps fighting to break above 1,850 to close at a new record high.

Economic data in the US continued to show that the nation has kicked-off 2014 in slow fashion, but relentless snow, ice and bitter cold weather has served as a convenient excuse, so Wall Street has largely shrugged of a series of less-than-expected reports. The latest storm, dubbed Winter Storm Rex, swept up the Eastern seaboard and through the Midwest early last week. As traders take the data casually, some economists have not, commenting that there may be some deeper problems that are being masked by the weather. In our opinion, the situation is sprouting fodder for the bulls in upcoming months because the comparative month-over-month data is setting the bar very low.

Just take a look at some of the key data recently reported below.

Manufacturing in New York and Philadelphia slowed, the NAHB/Wells Fargo housing index sunk to the lowest level in nine months, inflation remained benign and housing starts plunged in January to almost two-year lows. Moreover, earnings reports that have generally been decent, sagged last week.

Investors also closely watched for the minutes of the latest meeting of the Federal Open Markets Committee, which showed that there is again some mild contention about the schedule of the main bank tapering its massive stimulus effort known as quantitative easing in light of the soft economic data in January and February. The Fed had been buying $85 billion each month in Treasuries and mortgage-backed securities since September 2012, but scaled it back $10 billion in January and another $10 billion in February. Dallas Fed President Richard Fisher is adamant that the Federal Reserve should continue to taper and that the bank has done “more than enough” with its stimulus.

Fisher, a voting member of the FOMC this year, says recovery problems rest in a “reckless and feckless federal government” to get its policy in order. Conversely, St. Louis Fed President James Bullard believes that the Fed may have to slow down its tapering and allow the asset purchases to carry into 2015. One important point from the minutes is that the Fed may scrap its target of 6.5 percent unemployment as the point it raises its key interest rate as that target is quickly being approached, despite weak gains in hiring across the country.

Outside of North America, there was no shortage of data for investors to digest about the global economic recovery. German investor confidence slid for the second straight month, falling 6 points in February to 55.7, against analyst calls for a 62.7 print, which would have been a new seven-year high for the ZEW indicator or economic sentiment. Investors were more optimistic about the current situation with a gain of 8.8 points to 50.0, marking the highest level since August 2011.

European Central Bank policymaker Peter Praet said that the euro zone may surprise to the upside this year if governments maintain their economic reforms for growth. Praet used the Portuguese economy as an example, saying that the nation`s economy is stabilizing and that government is passing on the stimulus now to households and companies which is showing signs of stabilization.

An influx of information came from China, including a large influx of $10.8 billion in foreign direct investment in January, a strong sign that confidence is growing towards that world`s second largest economy. That good news was moderated by a drop in Chinese manufacturing in February, as HSBC/Markit`s “flash” PMI slid to 48.3; indicating contraction in factory activity and hitting the lowest level in seven months.

The Bank of Japan said it is going to double the scale of two key programs that lend money to banks in an effort to encourage banks to lend more money and support growth in the world`s third-largest economy.

All in all, there was definitely some indecision in US markets as investors are treading cautiously with the upcoming moves of the Federal Reserve kind of hanging in the balance. It could be argued that it is unfair to say that markets are ignoring the weak economic data, but not when looked at from the point of view that the data probably should be sending stocks lower and it`s not. Canadians are getting a bit of a mixed bag of data so far in 2014, but the resource-heavy indexes are getting a lift from recovering commodity prices. Next week, Canadians will only get one piece of economic data; GDP on Friday, so look for that as possible pause after an incredible run the last two weeks. The US will have a pretty thin economic plate as well and with earning reports nearly done, it`s safe to say that this week is a complete toss-up as to what type of commentary could provide a market catalyst.

The Canadian dollar halved its February gains against the US dollar last week as the greenback found a little traction against global currencies. Speculation about what the Bank of Canada is going to do with its key interest rate remains in focus, with some economists calling for the main bank to cut its rate below 1 percent, while others doubt that will happen. Data last week showed that inflation in Canada rose to its highest level since two summers ago, decreasing the likelihood that there will be a rate cut. Further, the global risk scare about emerging economies that had been weighing on the US dollar in recent weeks is beginning to subside, giving some modest strength again to the greenback. The ICE Dollar Index, which measures the USD against a basket of six global currencies, broke a two-week losing streak to advance 0.15 percent. On the week, the Canadian dollar shed 1.2%, or $0.01093, against the USD, meaning next week will begin with one Canadian dollar buying US$0.89973.

Commodity Snapshot:

* Gold futures tallied their third straight winning week, including on Tuesday hitting their highest level since late in October.

Weaker-than-expected manufacturing data in the US again underscored concerns about the strength of the economy and kept traders wondering if the Federal Reserve will maintain its asset-purchasing program that is generally supportive of gold as a hedge against inflation. The World Gold Council said that demand for gold fell by 15 percent in 2013, mostly because of an exodus in exchange traded funds. The WGC also reported that China supplanted India as the world`s top gold consumer in 2013. A “relief rally” in the US dollar put some pressure on gold on Wednesday and Thursday, snapping a ten-session win streak for the precious yellow metal. There is likely some interesting dialogue coming as Fed Chairwoman Janet Yellen heads to Australia for a G-20 finance meeting this weekend, where it is expected that other world finance leaders are going to warn that the US exiting its stimulus package too quickly will impact other recovering countries around the world, which could be supportive of gold prices going forward. After a stark sell-off in 2013, gold is rebounding sharply so far in 2014 as conflict in emerging economies is supporting the metal as a safe haven asset and value-focused traders see the opportunity under that contention that gold prices have fallen too far too fast. April contracts were the most actively traded for the week, advancing $5.00, or 0.38%, per ounce to $1,323.60.

* Silver futures broke an 11-day winning streak on Wednesday, but still eked out gains for a third consecutive week, adding to 4.3% gains three weeks ago and 7.5% gains the week before last. Silver has developed a new resistance point at $22 per ounce, but is also sitting at its highest level since early November and is up about 10 percent so far in 2014. After essentially consolidating in a tight range in the short week last week, traders will be closely looking for the catalyst this week to drive silver through the resistance point.

March contracts for silver were the most actively traded, rising 36.1 cents, or 1.69 percent, to $21.782 per ounce.

* Copper futures were volatile last week, surging on Tuesday to as high as $3.32 per pound to mark the highest level since January 23 before paring some of the gains as data from China showed a slowing manufacturing sector. Copper is known as a economic bellwether commodity because of its many industrial uses and Chinese data is closely monitored because the country consumes up to 40 percent of global production annually. While Chinese data showed a heavy foreign investment in the country, the majority of that inflow was geared towards the services sector, not manufacturing, which put a bit of a damper on copper advancement for the week. Even so, copper had its highest daily closing price on Friday since January 22 and has risen about 3 percent in the last three weeks. March contracts were the most actively traded on New York`s COMEX exchange during the week; rising by 2.65 cents, or 0.81%, to $3.291 per pound.

* Oil futures on Wednesday topped $103 per barrel last week for the first time since last August as inclement weather kept upward pressure on energy prices, including natural gas soaring for an 18 percent weekly advance to hold over $6. Oil has now advanced in six straight weeks as the weather forecast for blistering cold has kept consumers` furnaces running full blast for the last couple months. Even though warmer temperatures arrived late in the week, the market was pricing in cold temperatures expected to return this week as well as pockets of geopolitical tension in Nigeria, Venezuela and Nigeria adding further support towards higher crude prices. Gains were pared by a report from the Energy Information Administration also showing that stockpiles contracted less than expected, easing any future supply concerns as March contracts at the end of the week. April contracts for West Texas Intermediate Crude were the most actively traded; rising $1.90, or 1.89%, to $102.20 per barrel.

Equity Market Snapshot:

(All percentages on a weekly basis unless otherwise noted) * Major gold miners leapt ahead with rising gold prices. Goldcorp (TSX:G, +1.15%), Kinross Gold (TSX:K, +1.75%), Newmont Mining (TSX:NMC, +1.04%), Agnico-Eagle Mines (TSX:AEM, +2.78%) and Barrick Gold (TSX:ABX, +4.16%) advanced again, although Yamana Gold (TSX:YRI, -0.17%) slipped after large gains a week prior.

* Most of those majors have been on a tear in 2014. Goldcorp has risen in 10 straight weeks; Kinross has climbed in 7 of the last 9 weeks; Agnico is up in nine straight weeks; and Barrick is up in 10 of the last 11 weeks. All are in positive territory to far this year.

* Major energy plays were mixed despite rising oil and natural gas prices. Cenovus Energy (NYSE:CVE, -0.97%), Suncor Energy (NYSE:SU, -1.14), Chevron Corp. (NYSE:CVX, -0.70%) and Talisman Energy (NYSE:TLM, -1.51%) all moved down, while Canadian Natural Resources (NYSE:CNQ, +5.57%), Imperial Oil Ltd. (NYSE:IMO, +0.74%) and Exxon Mobil (NYSE:XOM, +0.98%) moved upward. XLE, the Energy Select Sector SPDR, moved up 0.44 percent, its third straight up week after five down.

* TransCanada Corp (TSX:TRP, -1.65%) was dealt a bit of a blow when the state court voided the Nebraska governor`s decision to allow the controversial line to pass through the state.

* The rise in shares of Canadian Natural Resources followed the company saying that it spent $3.125 billion cash to buy light oil and natural gas assets near its core areas in Western Canada in a major land deal with Devon Energy Corp. (NYSE:DVN, +2.61%). CNR says the acquisition will boost total production by 11 percent to 780,330 BOEPD and give the company another 2.2 million acres of undeveloped land near its properties.

* The biggest of banks in the US were a market drain. Goldman Sachs Group (NYSE:GS, +0.48%) squeaked ahead, but JPMorgan Chase (NYSE:JPM, -0.93%), Wells Fargo & Co. (NYSE:WFC, -1.15%), UBS AG (NYSE:UBS, -0.43%), Citigroup (NYSE:C, -2.54%) and Bank of America (NYSE:BAC, -2.46%) faded down. XLF (NYSE:XLF, -0.74%), the financial select sector SPDR that tracks the financial stocks in the S&P 500, snapped a two-week green streak.

* Canada`s biggest banks helped the Toronto markets rise. National Bank of Canada (TSX:NA, -0.71%) was the sole laggard as Toronto-Dominion Bank (TSX:TD, +0.75%), Bank of Montreal (TSX:BMO, +1.86%), Royal Bank of Canada (TSX:RY, +1.90%), Canadian Imperial Bank of Commerce (TSX:CM, +0.81%) and Bank of Nova Scotia (TSX:BNS, +0.05%) all tacked on points.

* Specialty pharmaceutical companies Actavis plc (NYSE: ACT, +13.83%) and Forest Laboratories, Inc. (NYSE: FRX, +35.71%) had a great week after announcing that they entered into a definitive agreement in which Activis will buy Forest for about $25 billion in cash and stock.

If the merger is completed, the new Actavis is expected to have annual revenues of over $15 billion in 2015.

* In another big buy-out, Facebook (NASDAQ:FB, +2.24%) said it is paying $19 billion in cash and stock to purchase fast-growing mobile-messaging startup WhatsApp. The transaction involves $4 billion in cash, $12 billion in stock and $3 billion in restricted stock that vests over several years. WhatsApp, a startup fairy tale of a global text messaging service, has exploded to more than 450 million users in just five years and says it is adding another million users each day. Google (NASDAQ:GOOG, +0.08%) had reportedly tried to buy WhatsApp for $10 billion, a price that the company refused.

* Cargojet (TSX:CJT, +28.95%) shares shot to an all-time high after the domestic air cargo network services company was awarded a 7-year contract from Canada Post that is estimated to be worth $1 billion in revenue.

* Shares of Prana Biotechnology Ltd. (NASDAQ:PRAN, +10.76%) originally soared 40 percent after reporting that a phase 2 trial of its Huntington`s Disease drug met its primary endpoint. Shares gave back a large portion of the gains, though, as investors read deeper into the results that weren`t as optimistic as the company`s headlines tried to show.

* Chelsea Therapeutics International Ltd. (NASDAQ:CHTP, +27.70%) got a boost after the US Food and Drug Administration granted an accelerated approval of the company`s Northera, which is used to treat symptomatic neurogenic orthostatic hypotension.

* On the other side of drug news, shares of Onconova Therapeutics (NASDAQ:ONTX, -37.48%) were pounded after the cancer drug developer reported that a late-stage trial of rigosertib failed to meet its primary endpoint of improving median overall survival compared to the control group in treating higher-risk myelodysplastic syndrome patients for which hypomethylating agents (HMAs) had not stopped the disease.

* Resolute Forest Products Inc. (TSX:RFP, +9.40%) rose for the ninth time in ten weeks after reaching a five-year master collective agreement covering roughly 1,500 unionized workers in the US.

* Telus Corp (TSX:T, +2.51%) overtook BCE, Inc. (TSX:BCE, 1.59%) as Canada`s second largest wireless provider with 7.81 million subscribers to BCE`s 7.805 million. Both Telus and BCE got a lift during the week after it was disclosed that they both paid less than Rogers Communications (TSX:RCI.B, -0.95%), the country`s biggest wireless provider, in the government auction of wireless airwaves.

* Shares of Tesla Motors Inc. (NASDAQ:TSLA, +5.74%) continued on to record highs after reports that the electric car maker held secret meetings with Apple, Inc. (NASDAQ:AAPL, -3.44%) last summer, although Tesla chief Elon Musk would not disclose what the two companies were discussing. Tesla also reported better-than-expected earnings and forecast that they are going to sell 55% more cars in 2014 than they did in 2013.

* Signet Jewelers Limited (NYSE:SIG, +19.0%), the largest specialty retail jeweler in the US and the UK, said that it agreed to acquire smaller rival Zale Corporation (NYSE:ZLC, +40.83%) for $21.00 per share in cash consideration.

* BlackBerry Ltd. (TSX:BB, +3.04%) got a lift from news that billionaire fund manager Dan Loeb took a stake in the company. FBR & Co. also took a better view of the struggling smartphone maker, upgrading it from underperform to market perform, saying that the company`s liquid assets and some growing momentum limit the downside risk.

* Shares of Under Armour (NYSE:UA, +6.30%) rose after overcoming any negativity surrounding blame being placed on its skin suits as the cause of the pathetic showing of US Olympic speed skaters as the US Olympic Committee stood behind the company and even extended its partnership with Under Armour through 2022.

Weekly Indices Results:

The S&P TSX Composite Index surged for the third straight week, stepping up another 150.96 points, or 1.07%, to 14,205.72. The TSX-Venture Composite Index was again even stronger than its bigger counterpart, climbing 25.31 points, or 2.54%, to 1,021.66.

In the States, the Dow Jones Industrial Average snapped a two-week winning streak; stepping back 51.09 points, or 0.32%, to 16,103.30.

The much-broader S&P 500 suffered the same fate; declining 2.38 points, or 0.13%, to close at 1,838.63. The tech-rich NASDAQ Composite bucked the trend; rising for the third consecutive week by tacking on 19.39 points, or 0.46%, to 4,263.41.

Canadian Economic Data:

* Statistics Canada reported that 514,200 people received regular Employment Insurance benefits in December, little changed from November. The number of beneficiaries has been relatively stable since May 2013, following a long-term downward trend that began in the summer of 2009. Saskatchewan (+1.9%) and Alberta (+1.4%) posted an increase in the number of people receiving regular EI benefits in December, while there were fewer beneficiaries in New Brunswick. There was little change in the other provinces.

* StatsCan also said that retail sales declined 1.8% in December to $40.2 billion. The decrease was widespread as lower sales were reported in 9 of 11 subsectors, representing 79% of total retail trade. In volume terms, sales declined 2.2%. The largest decline in dollar terms was in the motor vehicle and parts subsector (-3.2%), with most of that decline coming from lower sales at new car dealers (-3.6%). Despite December`s monthly decline, sales at new car dealers were up 6.5% in 2013, the largest annual gain since 2010. Receipts at building material and garden equipment and supplies dealers fell 8.2%, as severe weather events affected many parts of the country in December. The monthly decline in December was the largest since early 2010, when the federal home renovation tax credit was terminated.

* Canada`s Consumer Price Index rose 1.5% in the 12 months to January, following a 1.2% increase in December, according to StatsCan.

The year-over-year increase in the CPI was led by higher shelter costs, which rose 2.1% in January, following a 1.9% gain in December.

Electricity prices increased 4.7% in the 12 months to January, after rising 4.1% the previous month. Consumers also paid more for rent (+1.6%) and for homeowners` home and mortgage insurance (+5.4%) in January compared with the same month a year earlier. Of the eight major components, seven recorded gains in the 12 months to January.

* Wholesale sales decreased 1.4% to $49.6 billion in December, the lowest level in six months. Of the seven wholesale subsectors, five, representing 79% of wholesale sales, recorded declines. In volume terms, wholesale sales were down 1.6%. The machinery, equipment and supplies subsector (-3.5%) recorded the largest decline in dollar terms. The decline in the motor vehicle and parts subsector (-4.0%) in December more than offset November`s gain. The largest increase in dollar terms was recorded in the food, beverage and tobacco products subsector (+1.7%), the fifth gain in six months.

* Foreign investors reduced their holdings of Canadian securities by $4.3 billion in December, mainly Canadian dollar-denominated bonds.

Canadian investors acquired $3.7 billion of foreign securities, led by US dollar-denominated bonds. Foreign holdings of Canadian debt securities fell by $6.6 billion in December, the largest decline in six months. This activity reflected a divestment in Canadian bonds, partially offset by an investment in Canadian money market instruments. Non-residents` holdings of Canadian bonds were down by $10.9 billion in December. The reductions were focused on federal government bonds, mostly bonds with short-term maturities, and to a lesser extent, federal government business enterprise bonds.

This week, major economic data will include only Gross Domestic Product on Friday.

U.S. Economic Data:

* The Labor Department said that US producer prices rose modestly in January, led by higher food prices (+1.0%) and energy prices (+0.3%), but overall inflationary pressures remained subdued. The Producer Price Index climbed 0.2 percent during the month, following a downwardly revised gain of 0.1 percent in December (down from an original estimate of +0.4%). The headline PPI matched expectations.

So-called “core” PPI, which excludes the volatile food and energy categories, rose by 0.4 percent, doubling economist predictions.

* The Labor Department also reported that initial jobless claims dropped by 3,000 to a seasonally adjusted 336,000 in the week ended Feb. 15, coming up just shy of economist predictions of a slide to 335,000 claims. The four-week moving average, usually a more reliable gauge than the volatile weekly number, rose by 1,750 to 338,500, marking the highest level in six weeks, but still holding in a range that indicates modest growth in the nation`s labor market.

* The Federal Reserve`s Philadelphia Manufacturing Index plunged to a -6.3 reading in February from a +9.4 reading in January, signaling that factory activity worsened in the Philadelphia region this month.

February`s reading was the weakest since February 2013 and the first negative reading since last May, confounding economists who predicting a 7.3 mark. Scores below zero indication contraction in manufacturing. The closely watched new orders index dove to -5.2 from +5.1 a month earlier. Shipments sunk to -9.9 from +12.1. As with virtually everything else, the weakness was blamed on winter storms.

* The Consumer Price Index increased by 0.1 percent in January from December, according to the Labor Department, matching economist expectations. Energy prices (+0.6%) paced the gains, including a 1.8% spike in electricity, which was the largest one-month jump in nearly four years. Natural gas prices swelled by 3.6% month-over-month to also assist in the rise in CPI. The core CPI, which excludes volatile food and energy costs and is typically viewed as a better gauge of underlying trends, also rose 0.1 percent in January. On a yearly basis, the headline CPI was up 1.6 percent. Core CPI was dropped a tenth of a percentage point to show a rise of 1.6 percent from last January, representing its smallest year-over-year advance since June 2013.

* The National Association of Realtors cited bad weather, rising mortgage rates and increasing home prices as causes in existing home sales dropping 5.1 percent in January from December, hitting their lowest levels since July 2012. In January, existing home sales dropped to an annualized rate of 4.62 million, down from 4.87 million a month earlier. Compared to January 2013, existing home sales were also down 5.1 percent. The median existing-home price in January was $188,900, up 10.7% from one year earlier. The nation has 1.9 million existing homes available for sale represent only a 4.9-month supply at the current sales pace, below the 6.0 months that pundits say indicates a healthy market.

* The Commerce Department said that starts of single and multi-family homes dropped to an annual rate of 880,000 in January, following a December decline to a revised 1.05 million pace (revised up from an original 990,000 estimate). It was the largest one-month percentage drop in housing starts since February 2011 and puts starts at the lowest level since September (873,000). Economists predicted that total starts would fall to an annualized 950,000 rate in January.

Although sales slid in three of the four markets, groundbreaking in the Midwest paced the contraction with a fall in starts by an amazing 67.7 percent (155,000 in December to 50,000 in January), representing the biggest month-over-month percentage decline all-time.

This week, data in the States will include New Home Sales on Wednesday; Initial Jobless Claims and Durable Goods Orders on Thursday; and Gross Domestic Product on Friday.

————————- Forward Looking Statements This report includes forward-looking statements that reflect the mentioned companies current expectations about its future results, performance, prospects and opportunities. the mentioned companies has tried to identify these forward-looking statements by using words and phrases such as “may,” “will,” “expects,” “anticipates,” “believes,” “intends,” “estimates,” “plan,” “should,” “typical,” “preliminary,” “we are confident” or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause the mentioned companies actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company`s growth expectations and ongoing funding requirements, and specifically, the Company`s growth prospects with scalable customers, and those outlined above. Other risks include the Company`s limited operating history, the Company`s history of operating losses, consumers` acceptance, the Company`s use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company`s securities, the possible volatility of the Company`s stock price, the concentration of ownership, and the potential fluctuation in the Company`s operating results.

Disclaimer AllPennyStocks.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable.

For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company`s expectations and estimates.

This is an advertisement for the above mentioned companies. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

© 1999-2014 AllPennyStocks.com. All rights reserved.

AllPennyStocks.com is not a Registered Broker/Dealer or Financial Advisor, nor do we hold ourselves out to be. All materials presented on our web site and individual reports released to the public through this web site, e-mail or any other means of transmission are not to be regarded as investment advice and are only for informative purposes.

Before making a purchase or sale of any securities featured on our web site or mentioned in our reports, we strongly encourage and recommend consultation with a registered securities representative. This is not to be construed as a solicitation or recommendation to buy or sell securities. As with any stock, companies we select to profile involve a degree of investment risk and volatility. Particularly Small-Caps and OTC-BB stocks. All investors are cautioned that they may lose all or a portion of their investment if they decide to make a purchase in any of our profiled companies. Past performance of our profiled stocks is not indicative of future results. The accuracy or completeness of the information on our web site or within our reports is only as reliable as the sources they were obtained from. The profile and opinions expressed herein are expressed as of the date the profile is posted on site and are subject to change without notice. No investor should assume that reliance on the views; opinions or recommendations contained herein will produce profitable results. AllPennyStocks.com may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports. In order to be in full compliance with the Securities Act of 1933, Section 17(b), AllPennyStocks.com will disclose in it`s disclaimer, what, if any compensation was received for our efforts in researching, presenting and disseminating this information to our subscriber database and featuring the report on the AllPennyStocks.com web site. Information presented on our web site and within our reports contain “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be “forward looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as “expects”, “will,” “anticipates,” “estimates, “believes,” or that by statements indicating certain actions “may,” “could,” or “might” occur.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SMALL CAP SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.

We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission (SEC) at: http://www.sec.gov ( http://www.sec.gov ) and/or the National Association of Securities Dealers (NASD) at:

http://www.nasd.com ( http://www.nasd.com ). Readers can review all public filings by companies at the SEC`s EDGAR page. The NASD has published information on how to invest carefully at its web site.

Related posts:

1. First U.S. Gov’t Shutdown In 16 Years Pressures Markets
2. North American Markets Sell-Off On Weak Chinese Data
3. Poor Employment Reports Send Markets Down For Week
4. The U.S. Fed & China Worries Continue To Fuel Volatility
5. Stocks Continue To Move Up, Despite Soft Economic Data