SOURCE: Market Pulse

October 27, 2009 09:15 ET

Market Pulse Announces Its Hot Stock Alerts for Tuesday, October 27, 2009: SOAN, C, XOHO, BIDU

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - October 27, 2009) - Market Pulse is pleased to introduce our featured stock, So Act Network, Inc. (OTCBB: SOAN), to the investment community! So Act Network, Inc. is new to Market Pulse and is poised to become a significant player in the Internet information providers industry! So Act Network just had excellent news out in a press release before today's opening bell announcing that the popular Blog Talk Radio host and writer Jon Hansen will author a book contemplating the emerging significance and probable impact of So Act in the evolving Social Media hierarchy! "So Act wasn't created to build a better network. It was created to build a better world," according to Hansen. "So Act is the 60 minutes of social networks...probing, assertive, informed and balanced. So Act is not just another social network, but is a venue that engages, informs, cross-pollinates and mobilizes." 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:

Citigroup Inc. (NYSE: C) : Bearish

XO Holdings Inc. (OTCBB: XOHO) : Attractive

Baidu Inc. (NASDAQ: BIDU) : 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 Monday's Bell Market Commentary

On Monday, stocks fell after a rise in the dollar hurt commodity prices. Stocks have fallen in four of the last five days. Oil settled down $1.82 at $78.68 per barrel. Bond prices fell. The yield on the benchmark 10-year Treasury note rose to 3.56 percent from 3.49 percent late Friday. The dollar rose against most other major currencies, while gold fell. The Dow fell 104.22, or 1.1 percent, to close at 9,867.96. The Nasdaq fell 12.62, or 0.6 percent, to close at 2,141.85. The Standard & Poor's 500 index fell 12.65, or close at 1.2 percent, to 1,066.95. The Russell 2000 index fell 7.18, or 1.2 percent, to close at 593.68.


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