Earn BRICS call for open selection of next World Bank chief

Earn BRICS call for open selection of next World Bank chief MEXICO CITY (Reuters) - A meeting of BRICS major emerging countries discussed the selection process of the next head of the World Bank and emphasized it should be open to all countries, rejecting the tradition that the job automatically goes to an American, a senior BRIC official said on Saturday. The official, speaking after a meeting of the BRICS - Russia, South Africa, Brazil, India and China - said the United States had not circulated the name of its proposed candidate for the World Bank. Asked whether emerging economies could field their own candidate for the post, the official said: 'That is certainly a discussion we will have.' (Reporting By Lesley Wroughton; Editing by Chizu Nomiyama)

Forex Exxon to sell part of Tonen stake for about $3.9 billion:sources

Forex Exxon to sell part of Tonen stake for about $3.9 billion:sources RELATED QUOTES Symbol Price Change TRI 27.82 -0.10 XOM 85.83 -0.94 By Taro Fuse and Emi Emoto TOKYO (Reuters) - Exxon Mobil (NYSE:XOM - News) plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK (:5012.T) back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, four sources with direct knowledge of the matter said. Exxon Mobil will retain about a 20 percent stake in TonenGeneral but the deal will mark a de facto retreat from the world's third-largest economy by the U.S. oil giant, which is focusing its resources on emerging markets and development of natural resources. The move could also spark realignment among Japan's oil refiners, which have been cutting capacity to cope with falling demand caused by a weak economy and a shift to more efficient and environmentally friendly forms of energy, analysts have said. Reuters reported earlier this month that Exxon was in talks to sell part of the stake back to TonenGeneral. TonenGeneral, which imports and distributes Exxon oil in Japan, ranks as the country's No. 2 refiner behind JX Holdings (:5020.T). Smaller rivals include Idemitsu Kosan Co (:5019.T), Cosmo Oil (:5007.T) and Showa Shell (:5002.T). Exxon and TonenGeneral aim to complete the deal around summer, the sources told Reuters on condition of anonymity. TonenGeneral will seek funds from Sumitomo Mitsui Banking Corp, Sumitomo Trust Banking, Bank of Tokyo Mitsubishi UFJ and Mitsubishi Trust Bank to buy back the stake, the sources said. ($1 = 76.7350 Japanese yen) (Reporting by Taro Fuse and Emoto Emi; Writing by Kaori Kaneko; Editing by Chris Gallagher and Ed Lane)

Earn BBDA Gearing For Third Leg Higher?

Earn

I have successfully called each of BBDA's rallies this year.  First the rally from $.0004 to over $.004, which I alerted my subscribers to before the stock moved, when the stock was virtually dormant and trading only $5,000 to $10,000 a day at most compared to the $500,000+ its has been seeing on this latest rally.  The second from $.0029 to $.0199.  Both ended up being very profitable.  Had you bought at $.0004 (there were millions upon millions of shares for sale when I alerted it at $.0004) and sold at the recent high of $.0199 you are looking at a possible $400 into $19,900 return.

Right now I think BBDA is gearing up for its next leg higher, a move that will take the stock over 100% higher from current levels.  The short term chart is showing a cup and handle formation which is bullish. Also note that any bouts of selling only sends the stock down temporarily.  The uptrend is not done yet.

BBDA's most recent news:


BeBevCo: E-Z Shops are Latest Chain to Jump onto the Relaxation Revolution with KOMA UNWIND
STATESVILLE, N.C., Sept. 6, 2012 /PRNewswire via COMTEX/ -- Bebida Beverage Company (OTC markets: BBDA) (BeBevCo), a developer, manufacturer and marketer of liquid relaxation products, announced today that E-Z Shop Convenience Stores will join the relaxation revolution by carrying Koma Unwind products in their 28 stores throughout eastern South Carolina. This is in aftermath of the roll-out of Koma Unwind at a major retailer in South Carolina that began in August.

'It is amazing how many new store chains and distributors are coming out of the woodwork following our announcement on 28 June, 2012. We have gained a huge amount of credibility in the beverage market in the last few weeks. Now, our European expansion is well underway and we expect that the sky is the limit. After all, in today's busy world, people everywhere need to relax and unwind as well as get a better night's sleep. It won't be long now before liquid relaxation products are everywhere; and, we are a market leader,' said Brian Weber, CEO of Bebida Beverage Company.

About BeBevCo

BeBevCo (Bebida Beverage Company) develops, manufactures and markets liquid relaxation products including KOMA Unwind 'Liquid Relaxation' (TM), KOMA Unwind Sugar-free 'Liquid Relaxation' (TM) and KOMA Unwind 'Liquid Relaxation' Shot(TM) as well as Potencia Energy, Potencia 'BLAST' energy shot, Relax 5 shots and Piranha Water.

Safe Harbor Statement

Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.

Forex Is the Euro Decoupling From U.S. Stocks?

Forex Is the Euro Decoupling From U.S. Stocks? Companies: EUR/USD S&P 500 NASDAQ Composite RELATED QUOTES Symbol Price Change EURUSD=X 1.2832 +0.0123 ^GSPC 1,291.87 -0.61 ^IXIC 2,715.73 +4.97 ^DJI 12,432.35 -17.10 FXE 127.78 +1.22 For much of the last 15 years the S&P 500 and euro (the EU currency) have been moving in the same direction. Since its May 4, 2011 high (the euro topped two days after U.S. stocks) the euro has tumbled 15%. Worse yet, the euro has been falling over the past few weeks even though the S&P has remained stable. Will the S&P soon catch up with the euro, or is the euro about to decouple its positive correlation with U.S. equities? Euro Problems Euro problems are the reason for the bad euro season. U.S. stocks got to enjoy the Santa Claus Rally while the euro was stuck with debt concerns that include: - Eurozone governments need to refinance more than $1.3 trillion in debt in 2012. - Yields on Italian bonds crept up about 7% again (above 7% yields send Greece into a tailspin). - Standard & Poor's is expected to strip France of its AAA rating as early as this month. - Spain's banks need to raise an extra $65 billion to cover bad property loans. - In February, Italy needs to sell more debt than could be covered even if investors used all the proceeds of maturing securities to buy the bonds. Euro Hope Things are so bad for the euro (EURUSD=X), they are good. So it seems at least. The chart below shows the euro holdings of the 'smart' and 'dumb' money published by the Commodity Futures Trading Commission. The first gray graph shows total non-reportable short positions. Non-reportable are small traders considered the dumb money. The second gray graph shows reportable commercial short positions. Commercial traders are the 'pros' that actually provide a commodity or instrument and are considered the smart money. The data shows that non-reportable short positions are pretty high right now (data as of Tuesday) while commercial traders have closed nearly all their short positions. Based on COT sentiment data, the euro should be close to a bottom, at least a temporary one. Cause for U.S. Stock Rally? But wouldn't a rising euro translate into rising U.S. stocks? Under normal circumstances, yes it would. A look at the chart below shows that a rising euro usually correlates with a rising S&P 500. The red boxes highlight periods of falling euro and rising S&P (such as lately). The green box identifies a period of time when a rising euro (NYSEArca: FXE - News) coincided with falling (even rapidly falling) U.S. stock prices. This happened from October 2007 - July 2008. Putting Odds in Your Favor It's no secret that I declared the rally from the October lows to be a counter trend rally. Back on October 2, I stated via the ETF Profit Strategy updated that: 'I don't think October will 'kill' this bear market, but it should spur a powerful counter trend rally. Towards the end of this rally Wall Street may applaud the Fed for launching Operation Twist and QE3 may be considered unnecessary. This kind of positive environment would be fertile soil for the next bear market leg (Q1 or Q2 2012). From a technical point of view this counter trend rally should end somewhere around 1,275 - 1,300.' To identify high-probability trade setups, I like to see technicals, sentiment, and seasonality point in the same direction, such as they did in early October. From a seasonal perspective, October has the reputation of a 'bear market killer.' Sentiment polls showed the most bearish readings in over a year and the VIX (Chicago Options: ^VIX) was close to the 2010 high. At the same time, the S&P had reached rock bottom support. Based on the weight of evidence, the October 2 ETF Profit Strategy update also predicted that: 'The ideal market bottom would see the S&P dip below 1,088 intraday followed by a strong recovery and a close above 1,088.' On October 4, the S&P briefly dipped below 1,088 and closed the day at 1,124. A massive counter trend rally was born that day. The Next Setup? Seasonality is once again turning bearish (or at the very least less bullish). Since 2002, the S&P reached a January top followed by a drop greater than 8% five (out of ten) times. 51.1% of all investment advisors and newsletter-writing colleagues (polled by II) are bullish on stocks (the highest reading since May 3) while only 17% of individual investors (polled by AAII) are bearish, the second lowest reading in six years. From a technical point of view, the S&P (SNP: ^GSPC - News) is about to reach a daunting resistance cluster comprised of Fibonacci levels and various long and short-term trend lines. The Dow (DJI: ^DJI - News) is about to encounter two trend lines that go back nearly five years. The resistance clusters for the Nasdaq (Nasdaq: ^IXIC - News), Russell 2000 (NYSEArca: IJR - News), and financials (NYSEArca: XLF - News) are not as glaring but they're there. The only thing that doesn't quite fit into the equation is the euro's sentiment data illustrated above. Nevertheless, the weight of evidence suggests that a turnaround for stocks, and possibly another significant market top, may be just around the corner. The high probability strategy is to short U.S. stocks as soon as the resistance cluster is reached or support is broken. The ETF Profit Strategy Newsletter identifies the target of this rally along with a short, mid and long-term outlook and the corresponding ETF profit strategies.

Forex BRICS call for open selection of next World Bank chief

Forex BRICS call for open selection of next World Bank chief MEXICO CITY (Reuters) - A meeting of BRICS major emerging countries discussed the selection process of the next head of the World Bank and emphasized it should be open to all countries, rejecting the tradition that the job automatically goes to an American, a senior BRIC official said on Saturday. The official, speaking after a meeting of the BRICS - Russia, South Africa, Brazil, India and China - said the United States had not circulated the name of its proposed candidate for the World Bank. Asked whether emerging economies could field their own candidate for the post, the official said: 'That is certainly a discussion we will have.' (Reporting By Lesley Wroughton; Editing by Chizu Nomiyama)

Signals SANT - Stock Waking Up Soon?

Signals

This is a stock I gave to my subscribers as a chart to watch.  The stock sits at lows with very little interest on both sides.  The buyers are waiting for cheaper prices and the sellers looks to have finished their jobs for now.

The company continues to update the investing public about their operations and I think the stock could see a recovery of some of its losses this year.  A move from today's $.004 price to over $.01 is what I think will happen in the short term.

Add SANT to your watchlist.


Santeon Teams Up With Sage to Deliver Cloud-Based Carrier Connections
RESTON, VA, Aug 22, 2012 (MARKETWIRE via COMTEX) -- Santeon Group, Inc. (OTCBB: SANT) today announced that it has partnered with Sage North America to deliver Sage HRMS Benefits Messenger, a cloud-based automated benefits communications system, to the Sage HRMS client base. Sage HRMS Benefits Messenger simplifies benefits administration processes by securely automating the delivery of employee benefits enrollment data to health insurance carriers. Through the Santeon eBenefits Network (eBN), the leading independent provider of automated benefits carrier connectivity services in the U.S., Sage HRMS users gain the benefits of on-time and error-free enrollment updates, including elimination of error-related premium costs, improved employee benefit usage experience, and reduction of HR and IT workloads. eBN's innovative cloud-based transactional BPA (business process automation) approach integrates with virtually any employer system and provides immediate employer access to eBN's ever-growing network of over 200 group benefits providers, including health plans, group voluntary benefits, 401K, FSA, COBRA administrators and others.

'There is significant and increasing interest by employers of all sizes in having seamless interfaces between their own benefits systems and carrier systems,' said Tom Tillman, general manager of Santeon eBenefits Network. 'The Sage HRMS Benefits Messenger is a straight-forward and cost-effective solution to meet this demand in the Sage client community.'

Johnny Laurent, vice president and general manager of Sage Employer Solutions, said, 'Sage HRMS is an industry-leading, customizable HRMS solution that helps companies optimize their HR business processes. The tightly integrated Sage HRMS Benefits Messenger provides the key functionality to help employers efficiently and accurately automate the end-to-end benefits admin process.'

About Sage North America Sage is a world-leading supplier of accounting and business management software to small and midsized businesses. Our purpose is to help our customers run their businesses more effectively -- helping them gain greater insight into their business activities and providing them with lasting benefits by automating their business processes. Our applications cover a wide range of business requirements, including accounting, customer relationship management, contact management, human resources, warehouse management, and specialized products for specific industries.

Our brand, Sage, is used by all operating entities of The Sage Group, plc. The Sage Group, plc is the parent company of Sage North America and is located in the United Kingdom. With more than 6 million customers, Sage has offices in 23 countries worldwide.

Sage North America has more than 3.2 million customers with offices across the U.S. and Canada. Our corporate office is located in Irvine, California.

About Santeon Group, Inc. Santeon Group is a technology company headquartered in Northern Virginia with offices in Reston, VA, Tampa, FL, Cairo, Egypt and Pune, India. Santeon offers products and services in Agile training and transformation, healthcare, energy and media. Santeon's goal is to serve emerging markets by providing technically superior products and solutions while reducing the cost of ownership and deployment of these solutions through a strong channel partner and distribution model. For more information please visit our web site athttp://www.santeon.com.

Safe Harbor Statement: The preceding press release may include statements that include, among others, forward-looking statements about our beliefs, plans, objectives, goals, expectations, estimates and intentions that are subject to significant risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. The words 'may', 'could', 'should', 'would', 'believe', 'anticipate', 'estimate', 'expect', 'intend', 'plan', 'target', 'goal' and similar expressions are intended to identify forward-looking statements. All forward-looking statements, by their nature, are subject to risks and uncertainties. Our actual future results may differ materially from those set forth in the forward-looking statements. Our ability to achieve our financial objectives could be adversely affected by many factors, including, without limitation, the following factors: The strength of the United States economy, changes in the securities markets legislative or regulatory changes, the loss of key personnel, technological changes, changes in customer habits, our ability to manage these and other risks, and our ability to deliver products and services on time. However, other factors besides those listed above could adversely affect our results, and you should not consider any such list of factors to be a complete set of all potential risks or uncertainties. These forward-looking statements are not guarantees of future performance, but reflect the present expectations of future events by our management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Any forward-looking statements made by us speak only as of the date they are made. We do not undertake to update any forward-looking statement, except as required by applicable law. For additional information about Santeon's future business and financial results, refer to Santeon's Annual Report on Form 10-K that may be found at sec.gov or on http://santeon.com/Sec_Filings.html. Santeon undertakes no obligation to update any forward-looking statements that may be made from time to time by the company, whether as a result of new information, future events or otherwise.

Signals Five Sub-Penny Charts To Watch

Signals At the start of 2012 I posted charts to watch heading into the year.  All of them rose 150% or more:  http://pennystockgurus.blogspot.com/2012/02/150-or-bust.html

With the year 67% over I have five charts to watch.  I think all five will at some point post an over 100% gain from their current prices.  The stocks are UYMG at $.001, ERBB at $.0021, STKO at $.001, ELRA at $.0012 and MCVE at $.03.