Stocks to Watch for Thursday, October 21, 2010: RBTI -- Red Branch Technologies to Enhance Competitive Position in the Marketpla
October 21 2010 - 8:00AM
Marketwired
Market Pulse is pleased to introduce our featured stock, Red Branch
Technologies, Inc. (PINKSHEETS: RBTI), to the investment community!
Red Branch Technologies, Inc. is new to Market Pulse and is poised
to become a significant player in the security and defense
industries! Red Branch Technologies just had excellent news out in
a press release before today's opening bell announcing a positive
update with further details of its new strategic partnership with
Forza Global Partners, LLC! The company said they are focused on
leveraging Forza's relationships and top notch services to enhance
a competitive position in the market place while increasing
revenues! This could be great news for investors! Other notable
stocks that should be closely watched due to existing fundamental
and technical factors affecting each company include:
Apple Inc. (NASDAQ: AAPL) : Market Outperform
DeFi Global Inc. (PINKSHEETS: LCHL) : Attractive
Amazon.com Inc. (NASDAQ: AMZN) : Market Outperform
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 Wednesday's Bell Market Commentary
On Wednesday, strong corporate earnings sent the markets soaring
to a sharply higher close. A decline in the dollar helped fuel the
rebound. The dollar fell 1.2 percent against a broad basket of
currencies. The yield on the benchmark 10-year Treasury note fell
to 2.48 percent from 2.46 percent. Spot gold rose 0.7 percent to
$1,345.90 an ounce by 3:10 p.m. EDT. U.S. gold futures for December
delivery settled up $8.20 an ounce to $1,344.20. The Dow Jones
industrial average rose 129.35, or 1.2 percent, to 11,107.97. The
Nasdaq composite index was up 20.44, or 0.8 percent, to 2,457.39.
The Standard and Poor's 500 index was up 12.27, or 1.1 percent, to
1,178.17. The Russell 2000 which tracks small cap stocks gained 7
points to 702.
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company. MP has been compensated twelve thousand five hundred
dollars from a third party shareholder for its coverage of Red
Branch Technologies, Inc. In addition, MP for its coverage of Red
Branch Technologies, Inc. has twelve thousand five hundred dollars
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