PennyOmega.com Stock Report!

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Tuesday August 25, 2009

PennyOmega.com Stock Report!

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ANADIGICS, Inc. (NASDAQ: ANAD) today announced that the Company’s HELP3(TM) power amplifier (PA) modules are being used by Intermec Technologies Corporation for the Wireless Wide-Area Network (WAN) Flexible Network(TM) Radio in its new CN50 mobile computer. The Intermec CN50 is the industry’s most advanced rugged mobile computer, which includes 3.75G wireless wide-area network capability that supports both voice and high-speed data exchange.

The Tootie Pie Company, Inc. (OTCBB: TOOT), a premium baker and seller of high-quality, handmade pies, is pleased to announce its pies are now being carried by the SYSCO Longview, Texas operating company. Tootie Pies are currently stocked

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Companies featured in this edition of the newsletter: CBAI, ICLK, ITUI, IWEB, MBCI, OMCM, SIHI, SRCO

Markets continued their torrid pace this week on the strength of encouraging reports from two of the most beleaguered economic sectors, which led to gains in all of the major indices following the week’s activities. All told, the Dow ended the week up 2.2%, gaining 198 to close at 9370, bringing its YTD gains to 6.8%. The Nasdaq gained 1.1% on the week, bringing its yearly gains to 26.8% while the S&P 500 and Russell 2000 posted gains of 2.3% and 2.28 % respectively, bringing their yearly gains to 11.9% and 14.6%.

Economic news stole the spotlight this week as earnings season wound down, leaving investors with a more definitive picture of the overall state of recovery than in many weeks prior. The good news started early in the week, as the ISM

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Retailers will start to release second-quarter results this week, accounting for nearly 10% of the 246 scheduled reports. Dow component Wal-Mart (WMT) will be joined by 15 other members of the S&P 500, including J.C. Penney (JCP), Kohl's (KSS) and Macy's (M).

The Fed will hold a 2-day meeting on Tuesday and Wednesday. No change in interest rates will be made, though the statement should acknowledge that the economy is nearing stabilization.

The bond markets could be volatile, not only because of the Fed meeting, but also because of quarterly refunding. The Treasury Department will auction 3-year, 10-year and 30-year bonds. The offerings should total $75 billion.

Most of the week's economic data will be released after the Fed's meeting, with the exception of the preliminary estimate of Q2 productivity. We'll see the latest industrial production and consumer sentiment numbers on Friday.

Tuesday: Q2 productivity Wednesday: June

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By William Patalon III Executive Editor Money Morning/The Money Map Report Although consumers and businesses have gotten a bit of a reprieve at the gas pump as of late, the escalation in oil prices we’ve seen over the past year has led to some major changes in overall consumer behavior. Many car-owners have dumped their gas-guzzling pickup trucks and SUVs at the nearest used-car lot and used the proceeds to buy some gas-sipping rides. Companies with large distribution networks have redesigned their shipping schedules, crafting more efficient routes that accommodated larger truckloads. The upshot: Gasoline sales tumbled during the first half of the year as domestic demand fell to its lowest level in five years.  In fact, the U.S. Department of Transportation reported that Americans drove almost 5% less in June than a year ago, and also said that the buses, subways ...

On Monday, April 28, James Altucher of Formula Capital recommended which food-inflation trade to CNBC viewers?

Picks included Sysco (SYY) and Sadia (SDA) while pans included General Mills (GIS), McDonald’s (MCD - Annual Report) and Kellogg (K).