Emerging Markets Consulting, LLC.
Emerging Markets Consulting, LLC ("EMC"), its principals, affiliates, representatives, subcontractors or agents (hereafter referred to as "EMC") prepare and/or assist others in preparing and publishing oral and written information on selected companies (the "Profiled Companies") and/or their securities (the "Securities") in various contexts, including but not limited to corporate and business profiles, summaries, stock alerts, reports, and press releases (hereafter referred to as the "Information") through various methods including but not limited to: (a) facsimile; (b) double opt-in spam compliant emails; (c) mail and courier; and (d) the world wide web, including but not limited to EMC's website at www.emergingmarketsllc.com. Many of the stocks of the Profiled Companies qualify as "penny stocks" under the Securities and Exchange Commission's ("SEC") rules and regulations because, among other things, they have a price of less than $5.00 per share. Penny stocks are subject to important risks that you should be acutely aware of, as detailed in the bullet point presentation below.
The Information is disseminated to broker-dealers, members of the general public, readers of our website, and the financial community (collectively the "Recipients") at the direction of the Profiled Companies or third party shareholders of the Profiled Companies and should be used by the Recipients for informational purposes only and even then the Information should only be used as a beginning point for further investigation. This is because EMC: (a) only presents neutral or positive information regarding the Profiled Companies and its business prospects; and (b) does not present the risks or negative aspects associated with the Profiled Company or its securities. Therefore, the Information is in of itself wholly inadequate to formulate any investment decision and we strongly advise against making any investment decisions solely based on the Information. It is imperative that you consult with your professional advisor, including your financial adviser, financial planner or attorney regarding the advisability of investing in any securities, especially with regard to penny stocks. In addition, you should consult with online services that are available free of charge at www.sec.gov, www.pinksheets.com, www.finra.org, Google, or other websites that offer investment guides, valuable information pertaining to penny stocks and penny stock frauds and the risks of investing in penny stocks. Additionally, you should review the quarterly and annual financial and disclosure reports at www.sec.gov, www.otcbb.com and www.pinksheets.com.
Statements contained in the Information that are not historical facts are forward looking statements that involve risks and uncertainties and may be identified by the use of terminology such as "believes", "expects", "may", "will", or "should", or "anticipates". Such statements should be read as being applicable to all related forward looking statements wherever they appear in any of the Information. The actual results of a Profiled Company's operations, financial condition or other aspects of its business could differ materially from those discussed in the Corporate Information.
You should carefully review the bolded disclosure appearing immediately below:
EMC always receives compensation from the Profiled Companies or third party shareholders in cash and/or compensation in the Securities in connection with preparation and dissemination of the Information, most frequently in the form of Securities in the name of a Profiled Company. EMC regularly and routinely sells its securities compensation before, during and after its dissemination of the Information regarding the Profiled Companies, most frequently during the dissemination of the Information. You should be acutely aware that EMC repeatedly sells its stock compensation while it is engaged in the dissemination of the Information, as well as before and after such dissemination. Many such securities sales occur during the dissemination of the Information and often occur within minutes, hours or days after EMC first disseminates the Information to the Recipients. EMC's dissemination of the Information has resulted in the past and will in the future result in increases in the Profiled Company's securities trading volume, enabling EMC to sell those Securities at a profit. Additionally, EMC's sale of the Profiled Company's securities concurrently with the dissemination of the Information, including the Profiled Company's profile, may enable EMC to sell at a higher price for such shares, and may result in a diminished value to those buying the Profiled Company's securities.
EMC does not express any opinions, recommendations or viewpoints regarding the Profiled Companies or the Securities, and has not conducted due diligence of any data or information contained in the Information. The Information is based solely upon data and information provided by the Profiled Companies and EMC does not endorse, independently verify, or assert the truthfulness, completeness, accuracy or reliability of the Information. Recipients should not rely on the data or information contained in the Information in making an investment decision and should conduct their own research of the Profiled Companies. The Recipients should not assume that material changes have not occurred since the publication and/or dissemination of in the Information. Each of the Recipients should consult with his or her legal, accounting, tax and financial advisers regarding any investment in the Profiled Companies or the Securities.
Use of the Information as well as any investment in micro-cap or penny stock securities are subject to risks and EMC's operational realities, as follows:
Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration. In connection therewith, EMC has received the following compensation and/or has an agreement to receive in the future certain compensation, as described below:
EMC has a contract to provide Investor Relations services for Viper for a twelve month period. The company has paid EMC $20,000 dollars and 100,000 restricted shares. EMC has sold 124,000 shares and may sell the entire position at any time.
Wednesday, May 25, 2011
Monday, May 23, 2011
Stocks sank in midday trading Monday after warnings about the finances of several European countries stoked fears that the region's debt crisis is worsening. The euro dipped briefly to its lowest level against the dollar in two months.
The Dow Jones industrial average fell 173 points, or 1.4 percent, to 12,338 in midday trading. Stocks also fell broadly in Europe and Asia.
The Standard & Poor's 500 index fell 20, or 1.5 percent, to 1,313. The Nasdaq composite index fell 52, or 1.8 percent, to 2,751.
Italy is the latest European country to be affected by the region's widespread debt problems. Standard & Poor's said Saturday that country was in danger of having its debt rating lowered if it could not reduce its public borrowing and improve economic growth.
The ratings agency lowered its outlook for Italy's debt to negative from stable. That means there is a one-in-three chance that S&P would downgrade Italy's debt rating in the next two years.
Fitch and Moody's, the other two main ratings agencies, have said they see no reason to alter their outlook for Italy's debt, which they say is stable. The S&P warning was enough to rattle European markets and cause investors to worry that Italy could join Greece, Portugal and Ireland on the list of countries with serious debt problems.
Financial markets in Europe closed sharply lower Monday. The FTSE 100 index of leading British shares fell 1.9 percent. Germany's DAX lost 2 percent. The CAC-40 in France was 2 percent lower.
Spain's public finances are also worrying investors. Spain's ruling Socialist party was roundly defeated in local elections, raising concerns that political instability would keep that country from enforcing spending cuts. The Ibex 35 index on the Madrid stock market fell nearly 2.
Concerns about the ability of the Spanish and Italian governments to control their debt come after a Friday debt downgrade for Greece that gave investors more reason to fear that country would need more help managing its debts following a $157 billion loan package it received last year.
The European Union's top financial official urged Greece on Monday to sell more of the country's holdings to give the market more faith that it is getting its debt under control.
The 10-year U.S. Treasury yield fell to 3.10 percent, its lowest level this year. Bond yields fall when prices go up, so the drop is a sign that investors are clamoring for the safety of long-term U.S. debt.
Downgrades of European sovereign debt can shock world markets when they're first announced. Recently, debt downgrades have had a short-term effect. Moody's downgraded Spain's on March 10. The Ibex 35 sank 1.3 percent on the news, but recovered its losses within days.
S&P downgraded their debt outlook for the U.S. on April 17 from stable to negative, saying it could lower the country's debt rating in the future. The warning blindsided markets, sending the Dow down 240 points in the morning. But it recovered the next day.
Another consequence of European debt problems: The dollar is up 0.8 percent against an index of currencies. A stronger dollar makes U.S. products more expensive to other countries, and can hurt U.S. companies still recovering from the recession.
While stocks are reacting strongly to the weekend's headlines, corporate debt yields are not dropping any more than government debt yields. If that were the case, it would signal that investors were growing more wary of risk. Because they're not, the U.S. economy still hasn't suffered damage, said Jack Ablin, chief investment officer at Harris Private Bank.
"There's a short term perception of risk, but I'm not viewing it as necessarily lasting," said Ablin.
Later this week, investors will get U.S. economic data to consider. The Commerce Department will report Tuesday on the number of new homes that were sold in April, helping investors gauge the state of the housing recession.
On Thursday, the Commerce Department will release its revised estimate for how much the economy grew in the first quarter. The GDP number is expected to be revised upward from its initial 1.8 percent. Investors will be watching to see how much the rising cost of oil and raw materials has hampered spending by corporations and consumers.
On Friday, the Commerce Department's report on personal income and spending in April will help investors gauge how pricier gas has affected how much families spend on other things.
Friday, May 20, 2011
May 20, 2011 6:18 AM ET
By PAN PYLAS
LONDON (AP) - An impressive initial stock offering from professional networking site LinkedIn supported markets Friday despite concerns about the pace of the U.S. economic recovery.
With little in the way of economic news later, analysts said markets may be heading for modest gains at the end of the week when sentiment in stock markets has rebounded from sizable declines.
Investors have been worrying about a slowdown in the global recovery, with the U.S. economy showing distinct signs of running out of steam.
However, on Thursday, a stable listing of commodities giant Glencore PLC and a doubling in the share price of LinkedIn helped shore up confidence.
"Whether these events actually mark a turning point in what has been a rather benign period for new listings remains to be seen although after such an absence and generally poor yields on holding cash, it can be of little surprise that the appetite was there to start with," said Chris Weston, an institutional trader at IG Markets.
In Europe, the FTSE 100 index of leading British shares was up 0.6 percent at 5,994 while Germany's DAX rose 0.2 percent to 7,318. The CAC-40 in France was 0.3 percent higher at 4,039.
Wall Street was poised for a fairly steady opening — Dow futures were flat at 12,590 as were the broader Standard & Poor's 500 futures at 1,342.
In the currency markets, the euro was down 0.1 percent at $1.43.
With the U.S. unemployment rate still relatively high at 9 percent, investors doubt that the U.S. Federal Reserve will be raising interest rates anytime soon. Though the minutes to the last meeting, published Wednesday, showed rate-setters discussing how to end the current super-loose policy environment there are few indications that rates will be rising in the next few months.
That's not the case in the eurozone, where the European Central Bank has already lifted borrowing costs and is expected to do so again in July. The differing policy approaches are the main reason why the euro remains relatively well-supported in the markets despite worries over Europe's debt crisis.
"Weak U.S. data has reasserted the view that U.S. monetary policy will have to remain accommodative for many months while price data from the eurozone has reasserted the risk that the ECB could be hiking rates again as soon as July," said Jane Foley, senior currency strategist at Rabobank International. "The price of the euro will continue to balance both positive and negative attributes of monetary union."
Earlier in Asia, the yen was left unmoved by the Bank of Japan's decision to keep its key interest rate unchanged at virtually zero in a bid to shore up the economy came as no surprise as at all.
The financial authorities are trying to get the Japanese economy back on track after figures Thursday confirmed it had slipped back into recession in the wake of the March 11 earthquake and tsunami, which washed away some 500 factories that produce key parts for Japan's manufacturing industries.
By late morning London time, the dollar was 0.2 percent lower at 81.53 yen while Japan's Nikkei 225 index closed 0.1 percent lower at 9,607.08.
Elsewhere, South Korea's Kospi gained 0.8 percent to 2,111.50 but. Australia's S&P/ASX 200 fell 0.5 percent at 4,732.20.
Hong Kong's Hang Seng was nearly 0.2 percent higher at 23,199.39 but mainland Chinese shares edged lower as investors fretted over the economic outlook and watched for possible new, anti-inflation tightening measures by the country's central banks.
The benchmark Shanghai Composite Index was narrowly down at 2,858.46, while the Shenzhen Composite Index of China's smaller, second exchange fell 0.4 percent to 1,192.66.
The relative stability in stock markets over the past few days has also helped commodity prices, which have had a fairly torrid time. Benchmark crude for June delivery, for example, was up $1.07 at $100 a barrel in electronic trading on the New York Mercantile Exchange.
Pamela Sampson in Bangkok contributed to this report.
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Friday, May 13, 2011
By Chuck Mikolajczak
NEW YORK (Reuters) - Stocks fell about 1 percent on Friday as a strengthening in the dollar due to global uncertainty caused a drop in commodity-related and financial shares.
The euro fell against the dollar as investors refocused on euro zone debt before meetings by finance officials in Brussels and as the Federal Reserve moved closer to ending a stimulus program.
Stocks have been subjected to turbulence over the past week, with markets becoming highly sensitive to swings in the dollar as it forces reversals in commodity sensitive areas.
Financials were among the hardest hit on the fears the euro zone debt crisis could worsen. The KBW Bank index (Philadelphia:^BKX - News) dropped 1.7 percent, weighed down by 2 percent drop in JPMorgan Chase & Co (NYSE:JPM - News) to $43.06.
"There is clearly a move into the dollar, which is again a flight to safety and a flight to quality taking place. That is the play. It's all one trade, it's the dollar, it's the euro, it's the gold, it's the financials now," said Paul Mendelsohn, chief investment strategist at Windham Financial Services in Charlotte, Vermont.
"You've got these major financial shattering events potentially lurking out there that you don't know how to play. Therefore, my view is when in doubt, get out."
The Dow Jones industrial average (DJI:^DJI - News) dropped 121.48 points, or 0.96 percent, to 12,574.44. The Standard & Poor's 500 Index (^SPX - News) dropped 11.89 points, or 0.88 percent, to 1,336.76. The Nasdaq Composite Index (Nasdaq:^IXIC - News) dropped 29.38 points, or 1.03 percent, to 2,833.66.
In recent weeks, leadership in the S&P 500 has shifted from cyclical sectors like energy and basic materials to sectors with more stable growth like healthcare and utilities.
Economic data showed U.S. inflation raced to a 2-1/2 year high in April as food and gasoline prices rose, but there was little sign of a broader pick-up in consumer prices while an indicator of consumer sentiment rose.
Yahoo Inc (NasdaqGS:YHOO - News) shares fell 4.3 percent to $16.44 after it said the Alibaba Group restructured the ownership of Alipay, one of China's largest online payment businesses, without the knowledge of Yahoo and Softbank, two of its stakeholders.
(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)
Wednesday, May 11, 2011
Question: What Trading Books Do You Recommend Reading?
There are quite a few good reads to get you into the market and then there are many fly-by-nighters whose sole purpose in writing a book is to market a gimmick or to market themselves Still, even in those types of books you may pick up some useful information so don’t automatically discredit a book because it looks to gimmicky.
That said, the first type of book I recommend you read is a book on charting. In order to trade stocks you need to be able to read a chart because you will be reading charts a lot in your trading career. Now, most charting books are based on the same theories so it doesn’t really matter which one you choose. But once you get one, study it and learn as much as you can because being able to read a chart will provide you with essential information on when to buy and sell a stock.
In conclusions, a good charting book should be first on your shopping list as a beginner stock trader. Good luck.