(CLNO, AVOT, NYX, NYB, A) Notable Stocks by PennyOmega.com
Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. is in the business of producing and conserving power. It produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind. Their goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy.
GreenHouse Holdings, Inc. (GRHU)
GreenHouse Holdings, Inc. is a leading provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint.
(AVOT, GRHU, A, ADM, WY) Stock in Action by Stock-PR.com
Euro Slightly Better but Reversal Top Still a Threat to Rally
The Euro is trading slightly better this morning. Some traders attribute the strength to Ireland’s denial that it will need outside financial aid. The fact that the market is trading inside last Friday’s range could be an indication that investors remain skeptical about Ireland’s financial condition.
U.S. Dollar Up a bit on Job Claims but Mostly Rangebound
Stocks Getting a Boost as Speculators Await Greek Resolution
Global equity markets are up sharply after reports that the Greek sovereign debt problems will be resolved shortly. Stock investors are driving up indices as confidence is being restored to the markets. Bargain hunters are also stepping in to take advantage of lower priced equities.
Dollar Falters as Traders Put a Little More “Risk On”
The U.S. Dollar eased a bit on Monday against most major currencies as investor sentiment shifted back toward putting “risk on”. News today centered on Greece’s effort to shore up its finances by offering five-year bonds. Apparently the offering was well received by the investing public as demand exceeded 20 billion Euros. Early expectations were for demand of 3 to 5 billion Euros.
Dollar Closes Higher for Week against a Basket of Currencies
After reaching a 15 month low early in the week, the U.S. Dollar closed higher for the week against a trade-weighted basket of currencies. Technically, this closing price reversal, once confirmed, often leads to a 2 to 3 week retracement. The daily chart suggests that a move through 77.50 is necessary to turn the main trend to up.