Forex Stock Market for 10/12/12

Forex Stock Market for 10/12/12 The Dow Jones and Stock Market were higher on Tuesday. Will the stock market go up or down on Wednesday? Keep tabs on the stock market futures which will predict the open on Wednesday. If you are a stock trader or investor, check out my stock picks group. We are making some big trades in there right now. Sign in and sign up. Dow Jones Futures - Up 3S&P 500 Futures - Up 1NASDAQ Futures - Up 2Gold Futures - 1732Silver Futures - 33.47Oil Futures - 96.93Asian Markets ( Nikkei ) - 8807

Signals UYMG Issues Impressive News Today

Signals UYMG is a stock I posted last week as a bounce candidate.  Today's news could help bolster investor sentiment.  After posting some strong revenue numbers the president of UYMG stated:

'Our authorized share count has risen this year to account for our transition into On Track Technology becoming our main subsidiary. We will not be raising the Authorized share count any further while we control/own UYMG,' said Michael Oliver president of Unity Management group Inc. He went on to add that our valuation or market capitalization is very low for the nature of what we are trying to accomplish. Our valuation is that of many OTC Market shell companies at this time. We are not a shell and have many results, announcements, and filings coming, that will yield a higher value immediately as traders and investors participate in the trading of our stock. We are looking for millions of dollars of value and business here, not 10s of thousands or hundreds of thousands.

Might not be a bad time to take a closer look at UYMG.  I think the stock heads back over $.002 this week... but what do I know?



On Track Technology Begins Work On Production Leases In Navarro County
EAST HANOVER, N.J., Sept. 4, 2012 /PRNewswire via COMTEX/ -- Unity Management Group (OTC Pink: UYMG), a business resource and service company, is pleased to announce its wholly owned subsidiary, On Track Technology Solutions Inc. (OTT), and their consulting firms have entered into a farm out agreement to begin work to establish production on a group of contiguous leases in Navarro County. There are approximately 52 wellbores with 6 being State approved injection wells; wellbores identified at the Texas Railroad Commission as lease numbers 01689, 02032, 02033, 02216 and 02503.

OTT President, Eddie Schilb said, 'On Track is working with an area Geologist, and a Chemical firm to develop a confidential completion, and chemical Huff & Puff treatment using Co2, Nitrogen or a combination of the two. Based on conversations with one Petroleum Engineer we believe a potential of 89 BOPD may be achievable upon a successful implantation, and successful results of treatment, installation of proper production equipment, and pressurization of certain/specific wellbores within the leases. While the price of oil varies daily we used $86.08 per barrel (todays price although most 5 year forecast is $101.07 Per Barrel); upon successful implementation 89 BOPD would add approximately $186,318 per month or $2,235,821 annually.

On Track Vice President and Staff Engineer Ayo Odetunmibi commented that this property fits nicely with our other properties. 'We are looking forward to testing these wells; it is an exciting time and I am excited about the potential in this field. Eventually we want to test the possibility of other profitable formations on this acreage.'

'Our authorized share count has risen this year to account for our transition into On Track Technology becoming our main subsidiary. We will not be raising the Authorized share count any further while we control/own UYMG,' said Michael Oliver president of Unity Management group Inc. He went on to add that our valuation or market capitalization is very low for the nature of what we are trying to accomplish. Our valuation is that of many OTC Market shell companies at this time. We are not a shell and have many results, announcements, and filings coming, that will yield a higher value immediately as traders and investors participate in the trading of our stock. We are looking for millions of dollars of value and business here, not 10s of thousands or hundreds of thousands.

Signals August 23rd Penny Stock Winners, Losers, and Bottom Scan

Signals

Today's Winners and Losers

Today's Bottom Scan

Earn Choppy action continues

Earn

he market continues to go up in choppy manner. It has so far held its gain. There are very few signs of aggressive buying at this stage.

Market has had tough time sustaining multi week rallies. We will see if this time it is different. This is the kind of environment where you have to focus on small moves while protecting capital. 

Signals 7 short sell setups

Signals

CROX, NUE, X, VRA, CCL, ATI, and GRMN.

Earn Greece sets March 8 deadline for investors in bond swap

Earn Greece sets March 8 deadline for investors in bond swap The Parthenon on the Athens Acropolis is seen behind a Greek and an EU flag atop the Greek ministry of finance February 8, 2012. REUTERS/Yannis BehrakisEnlarge Photo The Parthenon on the Athens Acropolis is seen behind a Greek and an EU flag atop the Greek ministry of finance February 8, 2012. REUTERS/Yannis Behrakis ATHENS (Reuters) - Greece has set a March 8 deadline for investors to participate in its unprecedented bond swap aimed at sharply reducing its debt burden, according to a document outlining the offer. Greece formally launched the bond swap offer to private holders of its bonds on Friday, setting in motion the largest-ever sovereign debt restructuring in the hope of getting its finances back on track. In the document, Greece said the March 8 deadline could be extended if needed. Athens in the past has said it wants to conclude the transaction by March 12. The swap is part of a second, 130 billion euro ($175.02 billion) rescue package to claw Greece back from the brink of a default that had threatened to send shockwaves through the financial system and punish other weak euro zone members. ($1 = 0.7428 euros) (Reporting by George Georgiopoulos, Writing by Deepa Babington; Editing by Elaine Hardcastle)

Earn Stocks open mixed; jobs report comes in weak

Earn Stocks open mixed; jobs report comes in weak FILE - In this Jan. 10, 2012 photo, a pair of specialists study a screen as they work on the floor of the New York Stock Exchange. Strong bond auctions in Italy and Spain dramatically drove down their borrowing costs and lifted stocks Thursday, Jan. 12, 2012, providing a reprieve from Europe's relentless debt crisis. (AP Photo/Richard Drew, File) FILE - In this Jan. 10, 2012 photo, a pair of specialists study a screen as they work on the floor of the New York Stock Exchange. Strong bond auctions in Italy and Spain dramatically drove down their borrowing costs and lifted stocks Thursday, Jan. 12, 2012, providing a reprieve from Europe's relentless debt crisis. (AP Photo/Richard Drew, File) NEW YORK (AP) -- Stocks are opening mixed after an increase in unemployment claims dampened optimism about strong bond auctions in Italy and Spain. The Dow Jones industrial average is off 13 points at 12,436 in the opening minutes of trading Thursday. The S&P 500 index is down less than a point at 1,292. Nasdaq composite fell a point to 2,709. The Labor Department said applications for weekly unemployment benefits spiked last week, mostly because companies let go of thousands of holiday hires. Retail sales barely rose in December, but the 8 percent gain in 2011 is the largest percentage increase since 1999. Most markets in Europe are higher after strong bond auctions in Italy and Spain.