Market Pulse Announces Its Hot Stock Alerts for Wednesday, September 2, 2009: ARYC, BEXP, MBCI, MSFT
September 02 2009 - 9:15AM
Marketwired
Market Pulse is pleased to introduce our featured stock, Arrayit
Corporation (OTCBB: ARYC), to the investment community! Arrayit
Corporation is new to Market Pulse and is poised to become a
significant player in the pharmaceutical, diagnostic, and health
care markets! Arrayit Corporation just had excellent news out in a
press release before today's opening bell announcing that they
landed a patent for population scale diagnostics in the world's
most populous country the People's Republic of China! The company
also said China is expected to be a diagnostics business bonanza
for them! 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:
Bringham Exploration Co. (NASDAQ: BEXP): Market Outperform
MabCure Inc. (OTCBB: MBCI): Attractive
Microsoft Corp. (NASDAQ: MSFT): Bearish
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 Tuesday's Bell Market Commentary
On Tuesday, the U.S. manufacturing sector grew in August for the
first time in 19 months, adding to evidence that the recession is
ending. The ISM, a trade group of purchasing executives, said its
manufacturing index rose to 52.9 in August, from 48.9 in July. It's
the first reading above 50, which indicates expansion, since
January 2008. The Commerce Department said construction spending
slid 0.2 percent in July, worse than the flat reading that
economists had expected. Benchmark crude for October delivery fell
$1.91 to settle at $68.05 a barrel. Investors continued to question
the recovery of the financial services sector sending the markets
down to a sharply lower close. The Dow Jones industrial average
tumbled 185.68 points, or 1.96 percent, to close at 9,310.60. The
Nasdaq Composite Index slid 40.17 points, or 2.00 percent, to
1,968.89. The Standard & Poor's 500 Index .SPX fell 22.58
points, or 2.21 percent, to 998.04. The Russell 2000 dropped 14
points to 558.
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Arrayit Corporation, fifty thousand shares of Arrayit Corporation's
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Arrayit Corporation's shares for a total purchase price of twenty
three thousand eight hundred twenty dollars. To date, MP has sold
twenty thousand shares of stock in Arrayit Corporation for proceeds
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