Market Pulse Announces Its AM Stock Picks for Monday, April 12, 2010: SCLN, KCMH, C, IWEB
April 12 2010 - 7:45AM
Market Pulse is pleased to announce the following stock picks.
Bernard Schmitt of Market Pulse states, "These particular stocks
should be closely watched due to existing fundamental and technical
factors affecting each company." Bernard possesses many years
of experience in the financial industry evaluating and
picking stocks. He rates them as follows:
SciClone Pharmaceuticals Inc. (Nasdaq:SCLN) : Market
Outperform
KCM Holdings Corp. (Pink Sheets:KCMH) : Attractive
Citigroup Inc. (NYSE:C) : Market Outperform
IceWEB Inc. (OTCBB:IWEB) : Attractive
Stock Pick Meanings
These stock picks are the investment opinions of MP's
editor and reflect MP's belief regarding the potential price
movement over the next one to four weeks of trading of each of the
stocks presented. This analysis is done from a technical and
fundamental perspective.
After Friday's Bell Market Commentary
According to Bernard Schmitt, "On Friday, wholesale inventories
rose more than expected in February to lift the markets higher. The
Commerce Department said inventories rose 0.6 percent in February,
better than the 0.4 percent forecasted. Bond prices edged
up. Crude for May delivery pulled back from morning highs to
close down 47 cents at $84.92 a barrel. Gold for June delivery
added $9, or 0.8%, to end at $1,161.90 an ounce. The dollar fell
against the euro. The Dow Jones industrial average briefly touched
11,000 before retreating slightly. The Dow rose 70.28, or 0.6
percent, to close at 10,997.35. The Nasdaq composite
index rose 17.24, or 0.7 percent, to 2,454.05. The Standard &
Poor's 500 index climbed 7.93, or 0.7 percent, to 1,194.37. The
Russell 2000 index rose 3.31, or 0.5 percent, to 702.95."
About Market-Pulse.com
Market Pulse LLC, the owner and operator of
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leading investor relations firm whose primary focus is promoting
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community who are interested in small and micro-cap companies. MP
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capitalization companies that have the potential for long-term
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Information contained herein is the opinion of MP and is
intended to be used strictly for informational purposes. You should
be aware that MP attempts to assure itself of the accuracy of the
information contained in the analyses it publishes. In this regard,
MP does, at times, rely on the accuracy of information supplied to
it by the companies which are the subject of MP's analyses and/or
parties related to those companies. MP also relies on the accuracy
and integrity of information that is contained in company press
releases and reports filed with the SEC. The companies mentioned in
this publication have not approved the content or timing of the
information being published unless otherwise noted.
MP, because it relies on information supplied by various third
parties disclaims any responsibility for the accuracy of such
information. Any investor considering making an investment in any
security which has been the subject of a MP analysis or opinion
should, before making any such investment, consult with his/her
market professional and/or do his/her own independent research
regarding the company which is the subject of an MP opinion,
recommendation or analysis. Information regarding companies which
MP has opined upon is normally available from many sources
including the subject company's filings with the SEC and various
press releases issued by the company.
You should be aware that MP is often compensated for issuing
analyses, recommendations or opinions concerning particular
companies. Its opinion is therefore not unbiased and you should
consider this factor when evaluating MP's statements regarding a
company. MP has been compensated twenty five thousand dollars from
a third party for its coverage of KCM Holdings Corporation. MP's
officers and directors reserve the right to buy
additional shares of the companies discussed in this opinion
and may profit in the event those shares rise in value. When MP
receives shares as compensation for a profiled company, MP
may sell part or all of any such shares during the period in
which MP is performing such services.
CONTACT: Market Pulse
Bernard Schmitt
800.290.8935
info@market-pulse.com
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