SOURCE: Market Pulse

October 19, 2006 09:00 ET

Stocks to Watch for Thursday, October 19, 2006: TPLM - Triangle Petroleum Updates Its Oil and Gas Projects Currently Underway!

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

ATLANTA, GA--(Marketwire - October 19, 2006) - Market Pulse is pleased to introduce our featured stock, Triangle Petroleum Corporation (OTCBB: TPLM), to the investment community! Triangle Petroleum is new to Market Pulse and is poised to become a significant player in the oil and gas industries! TPLM has had several excellent news announcements out lately and one again before today's opening bell announcing a corporate development update on its oil and gas projects underway! Investors should be watching this one closely! Other notable stocks that should be watched because they look great lately from a fundamental and technical perspective include:

Illumina Inc. (NASDAQ: ILMN) : Market Outperform

Liberty Star Gold Corp. (OTCBB: LBTS) : Attractive

Apollo Group Inc. (NASDAQ: APOL) : Bearish

Recommendation Meanings

These recommendations are investment opinions of and reflect the stock's potential to move over the next one to four weeks of trading. This analysis is done from a technical and fundamental perspective.

After Wednesday's Bell Market Commentary

On Wednesday, stocks closed mixed. In the opening moments of trade the Dow industrials rose above 12,000 and traded as high as 12,049.51. Light, sweet crude settled down $1.28 at $57.65 a barrel. The dollar was mixed against other major currencies, while gold prices fell. The Labor Department reported its consumer-price index for September fell a seasonally adjusted 0.5%, driven by a 7.2% drop in energy prices. The Commerce Department said new construction of U.S. homes unexpectedly increased 5.9% in September to a seasonally adjusted annual rate of 1.772 million. The Dow closed up 42.66, or 0.36 percent, at 11,992.68. The Nasdaq composite index fell 7.80, or 0.33 percent, to 2,337.15. The Standard & Poor's 500 index was up 1.91, or 0.14 percent, at 1,365.96. The Russell 2000 index was down 1.50, or 0.20 percent, at 763.41.


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