Welcome to MUSICMAN's Blog! Finditt http://blogs.transworldnews.com/ 2010-03-12T05:03:28-05:00 Copyright (c) 2007 Finditt.com http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=76892 2010-02-12T12:09:15-05:00 2010-02-12T12:09:15-05:00

Chinese regulators are trying to contain rapid economic growth to prevent speculative investment bubbles there. The surprising move comes a day after a tame inflation report raised hopes that China wouldn’t have to further tighten its monetary policy. Concerns about debt problems in European countries like Greece, Spain and Portugal, as well as President Barack Obama’s push for new regulations on banks also weighed on the market and increased volatility in recent weeks. On Thursday, European Union leaders pledged to provide Greece with support as it tries to bring its debt problems under control. There has been concern that debt problems there could spread and destabilize Europe’s common currency, the euro. A Commerce Department report that showed retail sales grew more than expected in January had little effect on trading. Retail sales rose 0.5 percent last month, slightly better than the 0.3 percent expected by economists polled by Thomson Reuters. The Dow Jones industrial average fell 133.85,

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=76778 2010-02-11T14:08:43-05:00 2010-02-11T14:08:43-05:00

Stocks fell modestly Thursday morning as a pledge by European leaders to help Greece with its growing debt crisis failed to inspire investors. Global markets had been shaken in recent weeks by concerns that debt trouble in countries like Greece, Portugal and Spain would unravel a budding global economic recovery. There is concern that Greece’s troubles will spread throughout the 16-nation euro zone and cause problems elsewhere. Investors were also reacting coolly to a Labor Department report that showed first-time claims for jobless benefits fell sharply last week. The Labor Department said the number of newly laid-off workers seeking unemployment benefits fell by 43,000 to a seasonally adjusted 440,000, the lowest level in a month. Economists polled by Thomson Reuters were expecting claims to fall to 465,000. The sharp drop came after claims rose in four of the previous five weeks. The recent increase in claims put investors on edge about whether an economic recovery would be sustainable. High

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=76531 2010-02-10T10:45:36-05:00 2010-02-10T10:45:36-05:00

The stock market is falling as Federal Reserve Chairman Ben Bernanke details plans for dismantling the central bank's economic support measures. Bernanke says in prepared remarks to a House committee Wednesday that the Fed likely will begin tightening credit by raising the interest rate it pays to banks on the money they have deposited at the Fed. That would lead to an increase in borrowing rates for consumers and businesses. The Fed chief cautioned that the central bank is not yet ready to boost interest rates. The Dow Jones industrial average is down 75 at 9,983 after being flat ahead of Bernanke's comments. The Standard & Poor's 500 index is down 9 at 1,062. The Nasdaq composite index is down 16 at 2,135. Yesterday’s Top Performing Small Cap stock: GWS Technologies, Inc. (OTC BB: GWSC) was a SmallCapVoice.com top performer yesterday closing up over 34% on trading volume of 35,215 shares. GWS stands for GreenWindSolar. GWS is an alternative energy technology company focused on developing,

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=76407 2010-02-09T13:36:06-05:00 2010-02-09T13:36:06-05:00

Stocks rose broadly on Tuesday with Caterpillar Inc and other industrial shares benefiting from a broker upgrade and talk of help for debt-burdened Greece reviving investor sentiment. Speculation Greece could get help from the European Union underpinned the rise in stocks, boosting commodity prices and resource shares as the U.S. dollar weakened. Concerns over rising debt in some euro zone countries has sapped confidence from equity markets of late. European Central Bank President Jean-Claude Trichet was leaving a meeting of central bankers in Sydney early to attend a European Union leaders' summit. Even so, two ECB policymakers reiterated that Greece must get its own house in order as the European Central Bank cannot bail it out. The Dow Jones industrial average gained 130.90 points, or 1.32 percent, to 10,039.29. The Standard & Poor's 500 Index rose 12.40 points, or 1.17 percent, to 1,069.14. The Nasdaq Composite Index was up 21.81 points, or 1.03 percent, at 2,147.86. Yesterday’s Top Performing

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=76100 2010-02-08T11:44:49-05:00 2010-02-08T11:44:49-05:00

The market's major indexes have traded erratically lately as investors try to determine whether a global economic recovery is sustainable. Traders are still grappling with concerns that some European countries, such as Greece, Portugal and Spain, might not be able to handle their mounting debt. Stocks have also been hurt by China's plans to limit economic growth and the Obama administration's proposed rules to restrict trading by large financial institutions. All of those concerns have investors on edge about whether the global economy can recover strongly in the coming months. Stocks had rallied for 10 months on hopes of a rebound after hitting 12-year lows last March. Investors are looking for fresh evidence of economic growth. The recent troubles demonstrate a recovery might not be happening as fast as some had hoped. In midmorning trading, the Dow Jones industrial average fell 43.68, or 0.4 percent, to 9,968.55. The Standard & Poor's 500 index dropped 3.46, or 0.3 percent, to 1,062.73, while the

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=75690 2010-02-05T12:06:27-05:00 2010-02-05T12:06:27-05:00

Stocks fell Friday following mixed news from the Labor Department's monthly employment report. The Dow Jones industrial average dipped below the 10,000 mark. The unemployment rate unexpectedly fell in December to 9.7 percent from 10 percent, even though analysts expected a slight increase. At the same time, however, employers cut 20,000 jobs, more than the 5,000 economists expected, according to Thomson Reuters. The two numbers are calculated from different surveys. The Dow fell 44.51, or 0.5 percent, to 9,957.67 in morning trading. The Standard & Poor's 500 index fell 4.47, or 0.4 percent, to 1,058.64, while the Nasdaq composite index fell 5.73, or 0.3 percent, to 2,119.70. Yesterday’s Top Performing Small Cap stock: Biomedical Technology Solutions Holdings, Inc. (OTC BB: BMTL) was a SmallCapVoice.com top performer yesterday closing up over 29% on trading volume of 27,500 shares. BMTL was lead the medical waste disposal sector as it bucked the trend gaining close to 30% in value while its

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=75511 2010-02-04T11:13:58-05:00 2010-02-04T11:13:58-05:00

Stocks are down sharply as concerns about unemployment are overshadowing a jump in factory orders. The Labor Department's report Thursday of an unexpected increase in first-time claims for unemployment is reminding investors that the economic recovery will be difficult. So they're looking past the Commerce Department's news that factory orders rose more than expected in December. Orders increased by 1 percent, double the 0.5 percent gain forecast by economists surveyed by Thomson Reuters. The Dow Jones industrial average is down 172 at 10,098. The Standard & Poor's 500 index is down 21 at 1,075, while the Nasdaq composite index is down 41 at 2,149. Yesterday’s Top Performing Small Cap stock: CrowdGather, Inc. (OTC BB: CRWG) was a SmallCapVoice.com top performer yesterday closing up over 9% on trading volume of 732,805 shares. Over the relatively short lifespan of the modern Internet there have been numerous advents and evolutions. Some, like Amazon or Google, stuck and continue to grow.

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=75389 2010-02-03T12:15:38-05:00 2010-02-03T12:15:38-05:00

Stocks declined on Wednesday after disappointing results from Pfizer and transport companies, while slower-than-expected expansion in the services sector also weighed on the market. Pfizer Inc fell 1.6 percent to $18.75 and led a broad decline in several healthcare sectors after the world's biggest drugmaker said quarterly earnings missed estimates and forecast profits below expectations. Ryder fell 8.7 percent to $34.08, and C.H. Robinson tumbled 6.2 percent to $53.90, while the Dow Jones transportation average lost 1.3 percent. The Institute for Supply Management said its services index rose to 50.5 in January from 49.8 in December, below the 51.0 median forecast of economists surveyed by Reuters. A report by ADP Employer Services showed the pace of U.S. job losses in the private sector slowed in January, as employers reported the smallest payroll decline in nearly two years. The closely watched government jobs report due Friday is expected to show continued improvement in U.S.

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=75250 2010-02-02T11:40:23-05:00 2010-02-02T11:40:23-05:00

Stocks rose modestly Tuesday as investors are betting that upcoming economic reports will show more signs of growth. A report on the housing market in December is expected to show continued improvement in the battered sector. Major indexes rallied Monday following encouraging signs about growth in the manufacturing sector. The shipping heavyweight UPS and candy maker Hershey joined the cast Tuesday of companies to report upbeat earnings. Overseas markets mostly rose following gains in the U.S. on Monday. But Asian markets gave up some gains on speculation that China's government will continue to try and curb runaway lending in an effort to avoid speculative bubbles. Stocks are trying to rally for a second straight day after a week and a half stretch that saw major indexes tumble over concerns about tightening regulations on the banking sector and the sustainability of a recovery. The Senate is holding hearings Tuesday to discuss President Barack Obama's plan to overhaul the banking sector and

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=75074 2010-02-01T10:42:55-05:00 2010-02-01T10:42:55-05:00

Stock indexes rose early Monday as increases in personal income and consumer spending suggested the economy is slowly recovering. The Commerce Department said personal income increased more than expected in December. Incomes rose by 0.4 percent, the sixth increase in a row and better than analysts' expectation of 0.3 percent growth. Consumer spending increased by 0.2 percent, its third straight monthly gain but less than the increase of 0.3 percent analysts forecast. In corporate earnings news, Exxon Mobil Corp. reported its fourth-quarter earnings fell 23 percent but still beat Wall Street estimates. In early trading, the Dow Jones industrial average rose 81.01, or 0.8 percent, to 10,148.34. The broader Standard & Poor's 500 index rose 9.45, or 0.9 percent, to 1,083.32. The Nasdaq composite index rose 15.06, or 0.7 percent, to 2,162.41. Yesterday’s Top Performing Small Cap stock: Attitude Drinks Incorporated (OTC BB: ATTD) was a SmallCapVoice.com top performer yesterday closing up over 33%

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=74902 2010-01-29T10:46:52-05:00 2010-01-29T10:46:52-05:00

The Commerce Department said the gross domestic product grew at an annual rate of 5.7 percent during the fourth quarter, easily topping economists' forecast for growth of 4.5 percent. The strong GDP report could get the market back on track after a 10-month rally came to a screeching halt over the past week. Shares have been falling since hitting a 15-month high last week. Concerns have been mounting that potential new regulations coming out of Washington could upend a fragile economic recovery. President Barack Obama's calls last week to restrict trading by big financial institutions helped spark the sell-off. He has provided scant details about the bank overhaul plan to help alleviate any concerns. The president is planning to announce further details about a plan to provide small businesses with tax credits that boost hiring. High unemployment -- it remains at 10 percent -- is one of the biggest obstacles the country faces as it tries to recover from the worst recession since the Great

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=74679 2010-01-28T11:19:27-05:00 2010-01-28T11:19:27-05:00

Stocks slipped in early trading Thursday as upbeat earnings failed to offset uncertainty still swirling around government involvement in the market and disappointing jobless and durable goods orders reports. Politics, not the economy, had been dictating trading over the past week. Concerns about President Barack Obama's plan to overhaul banking regulation and restrict trading at large financial institutions spooked the market. The possibility Federal Reserve Board chairman Ben Bernanke wouldn't be confirmed for a second term had investors on edge, though those worries have subsided. Stocks have declined five of the past eight days. During his State of the Union address Wednesday night, Obama avoided talking about the banking overhaul plan. Uncertainty over details of how that plan might be enacted and how strong trading restrictions would be had helped push the market to its worst three-day stretch since stocks bottomed last March. Focus on the economy is creeping back to the forefront. The Fed said

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=74476 2010-01-27T13:32:11-05:00 2010-01-27T13:32:11-05:00

Stocks fell Wednesday as investors remained skittish ahead of the president's State of the Union address and the conclusion of the Federal Reserve's latest interest-rate setting meeting. The latest batch of earnings and economic reports were again overshadowed by concerns over proposed financial regulatory changes. Traders watched a hearing on Capitol Hill where Treasury Secretary Timothy Geithner answered questions about the government's rescue of insurance giant American International Group Inc. last year. Geithner oversaw the bailout as head of the Federal Reserve Bank of New York. The Fed is scheduled to wrap up a meeting later Wednesday where it is expected to keep interest rates at historic lows. Concern about whether Bernanke would be confirmed for another term as chairman contributed to the market's drop late last week. His term ends Sunday. Bernanke has been a champion of leaving rates at historic lows to help drive economic growth, a policy that also supports the stock market. While

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=74229 2010-01-26T11:33:19-05:00 2010-01-26T11:33:19-05:00

Stocks are reversing an early slide as an increase in consumer confidence boosts hopes for an economic rebound. The Conference Board says Tuesday its index of consumer confidence rose to 55.9 in January from 53.6 in December. It is the third straight increase and the highest level in more than a year. Stocks opened lower as China moved ahead with a plan to curb bank lending. The step is aimed at keeping that country's economy from overheating but investors are concerned it could destabilize a global recovery. The Dow Jones industrial average is up 30 at 10,224. It had been down 30 ahead of the report. The Standard & Poor's 500 index is up 1 at 1,097, while the Nasdaq composite index is up 1 at 2,211. Yesterday’s Top Performing Small Cap stock: VitaminSpice (OTC BB: VTMS) was a SmallCapVoice.com top performer yesterday closing up over 9% on trading volume of 86,251 shares VitaminSpice and Iron Chef have created a co-branded line of spices to be distributed by American Distribution Company

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=73991 2010-01-25T10:45:22-05:00 2010-01-25T10:45:22-05:00

Stocks rose Monday morning, rebounding from the worst losing streak since the market bottomed last March. The market is bouncing back from a three-day losing streak that saw the Dow Jones industrial average fall 5.2 percent as concerns eased that Federal Reserve Board Chairman Ben Bernanke would be reappointed. Investors had become increasingly worried late last week that he might not be given a second term as head of the Fed. Naming a different Fed chairman than Bernanke, whose term ends Sunday, would have worried investors about how a new leader could reshape monetary policy. With Bernanke in charge, the Fed has repeatedly said it plans to keep interest rates low for the foreseeable future to stimulate the economy -- an action that is supportive of the stock market. Stocks tumbled late last week following a new proposal from President Barack Obama to tighten regulation over the banking sector spooked the market. Overseas markets continued their slide Monday, following the decline in U.S. markets

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=73621 2010-01-22T11:53:45-05:00 2010-01-22T11:53:45-05:00

Stocks retreated Friday for the third straight day on fresh concerns about President Barack Obama's proposed restrictions on banks. The market is extending losses that gave the Dow Jones industrial average its biggest two-day drop since June. Not even upbeat earnings from General Electric and McDonald's were able to offset the new worries. Obama spooked the market Thursday after asking Congress for limits on how large big banks can be and to end some of the risky trading large financial companies have used in recent quarters to boost profits. In morning trading, the Dow Jones industrial average fell 27.89, or 0.3 percent, to 10,361.99. The Standard & Poor's 500 index fell 4.25, or 0.4 percent, to 1,112.23, while the Nasdaq composite index declined 10.19, or 0.5 percent, to 2,255.51. Yesterday’s Top Performing Small Cap stock: Vega Promotional Systems Inc. (Pink Sheets: VGPR) was a SmallCapVoice.com top performer yesterday closing up over 7% on trading volume of 1,091,411 shares Vega

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=73510 2010-01-21T11:56:39-05:00 2010-01-21T11:56:39-05:00

U.S. stocks extended their slide on Thursday after an index of manufacturing activity in the Philadephia region unexpectedly fell in January. The disappointing report offered a fundamental negative catalyst into technical selling. In addition, the Labor Department said workers filing for unemployment benefits for the first time rose by 36,000 to 482,000 last week. Economists polled by Thomson Reuters were expecting a small drop. The four-week average rose for the first time since August. The report provided a grim reminder that while the economy might have improved modestly, a robust recovery is unlikely until companies start adding jobs. The unemployment rate remained at 10 percent last month. The disappointing jobs report was offset partly by a batch of strong earnings reports. Xerox, UnitedHealth and Goldman Sachs were among big companies that posted better-than-expected fourth-quarter results. The Dow Jones Industrial Average fell 131.19 points to 10,471.96. The S&P 500 Index declined 12.26

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=73267 2010-01-20T12:57:41-05:00 2010-01-20T12:57:41-05:00

Stocks fell Wednesday on concerns that modest drops in the number of bad loans at banks and tighter lending standards in China will prolong a recovery in the economy. Bank of America Corp. said that economic conditions "remain fragile." However, not all the assessments were as cautious. Wells Fargo & Co. said a better economic outlook and improving credit statistics signal that conditions are strengthening. Investors have been looking for reassurances during the early parts of earnings season that consumers are rebounding and the economy is strengthening. With unemployment still at 10 percent and consumers unable to pay mortgages and other loans, it would be difficult for spending to rise sharply and provide a necessary boost to a fragile economic recovery. Beyond bank earnings, concern grew that China's efforts to keep its economy under control could hurt a global recovery. A newspaper reported that some Chinese banks were ordered to stop lending for the rest of January after exceeding credit

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=73022 2010-01-19T11:15:29-05:00 2010-01-19T11:15:29-05:00

The market rose Monday as investors looked past a disappointing profit from Citigroup Inc. and bought health care stocks on hopes that a special election in Massachusetts will take away power from Senate Democrats and make it harder for President Barack Obama to make changes to health care. The gains come after stocks fell Friday when JPMorgan Chase & Co.'s earnings fell short of expectations. The Dow Jones industrial average lost 100 points, its steepest slide of 2010. U.S. markets were closed Monday for Martin Luther King Jr. Day. The rebound came as Kraft sealed an agreement to acquire Cadbury for $18.9 billion. That boosted hopes that corporate dealmaking, which is a sign of confidence in the economy, will increase. Meanwhile, online brokerage TD Ameritrade Holding Corp. said lower interest rates and higher expenses contributed to a 26 percent drop in its first-quarter profit. Citigroup reported a fourth-quarter loss of $7.6 billion loss. The bulk of the loss is due to expenses related to its

http://blogs.transworldnews.com/Small Cap/Post.aspx?postID=72468 2010-01-15T11:11:06-05:00 2010-01-15T11:11:06-05:00

The stock market fell Friday as a rise in the dollar hit commodity prices and JPMorgan Chase & Co.'s fourth-quarter revenue came in weaker than expected. The drop in stocks comes as major stock indexes stand at 15-month highs and as stocks in Europe fall. Meanwhile, the government said inflation was tamer than expected last month. The Labor Department said the consumer price index rose a modest 0.1 percent, bringing inflation for all of 2009 to a mild 2.7 percent. In the first hour of trading, the Dow Jones industrial average fell 47.84, or 0.5 percent, to 10,662.71. The broader Standard & Poor's 500 index fell 5.78, or 0.5 percent, to 1,142.68, and the Nasdaq composite index fell 10.21, or 0.4 percent, to 2,306.53. Bond prices rose, pushing yields lower. The yield on the benchmark 10-year Treasury note fell to 3.67 percent from 3.74 percent late Thursday. Yesterday’s Top Performing Small Cap stocks: VitaminSpice, LLC (OTC BB: VTMS) was a SmallCapVoice.com top performer yesterday closing up