ReleaseWire

Best Buy Co. Inc. (NYSE:BBY) opened at $21.72 and oscillated in the range of $21.71 and $24.57 in the latest trading session, which is also its 52 weeks high price point. It is at $24.41, up 12.73 percent from its previous close of $21.65. Best Buy shows bullish trend and the stock’s first resistance level is at $24.65. Upon breaching this level, the stock may touch $24.80.

Octagon 88 Resources Inc. (OTC:OCTX) is trading in the range of $7.15 and $7.65 during its latest trading session, creating its new 52 weeks high. The stock recorded the volume of 300k shares, significantly higher than its average daily trading volume of 62k shares. Its upward movement accompanied by high volume shows bullish trend, which is further confirmed by its MACD and EMA charts.

iShares MSCI Japan Index (NYSE:EWJ) traded in the range of $10.85 and $10.92 during its latest trading session. The fund had opened at $10.86 and is at $10.87, up 3.82 percent from its previous close of $10.47. iShares MSCI Japan recorded the volume of 27.964 million units. Its average daily trading volume stands at 33.184 million units.

Federal National Mortgage Association (OTC:FNMA) shows neutral trend as the stock made a sharp downward movement in its latest trading session. It opened the session at $0.87 and remained in $0.81 and $0.89 price range during the session. The stock is 2.91 percent lower at $0.87. Federal National Mortgage’s first support level is at $0.85. Upon breaching this level, the stock may go as low as $0.83. On the upside, its first resistance level is at $0.91. The stock has traded 8.787 million shares so far, in comparison to its regular trading volume of 17.697 million shares.

Foy Johnston Inc. (Pink:FOYJ) shot up in the current trading session and is currently trading at $0.0005, up 66.67 percent to its previous close. Its bullish trend is further confirmed as the stock made the upward movement with higher than usual volume of 256 million share. Its regular daily trading volume stands at 53.02 million shares.

Federal Home Loan Mortgage Corporation (OTC:FMCC) is down sharply in its trading today. Federal Home Loan Mortgage is currently down 2.56 percent to $0.84 on volume of 3.735 million, in comparison to its daily average volume of 7.125 million. Federal Home Loan Mortgage has gained more than 190 percent in the last 52 weeks. It has traded in the range of $0.14 and $1.44 during the same time period while it oscillated between $0.78 and $0.85 in the current trading session.

IceWEB Inc. (OTC:IWEB) traded in the range of $0.03 and $0.05 during its latest trading session. The stock had opened at $0.04 and is at $0.042, up 27.27 percent from its previous close of $0.03 with heavy volume. IceWEB recorded the volume of 23.339 million shares. Its average daily trading volume stands at 1.713 million shares. While the stock is likely to remain bullish in short term time frame, it may turn neutral in medium time range as shown by its MACD chart. IceWEB may face its first resistance level at $0.045.

Financial advisor Dennis Tubbergen can be counted on to give the latest U.S. and world happenings when it comes to the U.S. economy and general financial news. However, Tubbergen has also spent a lot of time discussing our currency.

Many of us find it difficult to stay abreast of everything that is happening financially in the world today. Dennis Tubbergen, a financial advisor, author, radio show host and CEO of PLP Advisors, LLC can be counted on to give a hand when it comes to understanding the latest events in U.S. and world economics.

Microvision Inc. (NASDAQ: MVIS) announced a development agreement with a prominent electronics company to incorporate MicroVision’s ground breaking PicoP® display technology into a display engine that could enable a variety of new products.

Investing in penny stocks can be risky, but with the expert advice from the leading penny stock expert, Peter Leeds, novice investors can now begin to trade in this lucrative market with the safety net of a seasoned professional in their corner.

Federal Home Loan Mortgage Corporation (OTC:FMCC) ,Freddie Mac, announced that it priced its new 1.375% seven-year USD Reference Notes® security due on May 1, 2020. The issue, CUSIP number 3137EADR7, was priced at 99.43 to yield 1.46%, or 22.5 basis points more than seven-year U.S. Treasury Notes. The issue will settle on Thursday, April 4, 2013.

Hersha Hospitality Trust‘s (NYSE:HT) 8.00% Series B Cumulative Redeemable Preferred Shares (HT.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 4/15/13.

Clearwire Corporation (NASDAQ:CLWR) proposed to provide Clearwire $240 million in financing through a convertible debt facility. The arrangement, described in a letter to Clearwire's board, is superior to the financing provided by Sprint Nextel Corporation and designed to free Clearwire to explore alternatives to Sprint's inadequate merger offer, Crest said. The Crest proposal is similarly structured as the Sprint financing with Clearwire but is more favorable to Clearwire and its minority shareholders.

Goff Corporation's (OTC:GOFF) wholly owned subsidiary Golden Glory Resources S.A. is using its unique in country vantage point to position the Company as the next big name in Colombian gold exploration, discovery and production.

Merck & Co. Inc. (NYSE: MRK) traded in the range of $45.00 and $46.16 during its latest trading session. The stock opened at $45.06 and is currently at $45.92, up 2.26 percent from its previous close of $44.91. The stock’s MACD chart shows neutral trend and the stock may tumble to $45.45 level in the coming session.

MannKind Corp. (NASDAQ: MNKD) traded in the range of $3.80 and $3.95 during its latest trading session, also marking its new 52 weeks high price. The stock had opened at $3.86 and is at $3.89, up 2.51 percent from its previous close of $3.79, with above average shares volume. MannKind Corp has traded 5.775 million shares so far and its MACD chart shows bullish trend. The stock may go as high as $4.07 level in the coming trading sessions.

MediSwipe Inc. (OTCQB: MWIP) stock is at $0.0269, down 21.35 percent from its previous close of $0.03. The stock shows bearish trend as it made the downward move with trading volume of 13.360 million shares, in contrast to the average daily trading volume of 16.517 million shares. Its bearish trend is further confirmed by its MACD chart and the stock is also trading lower than its 20 days SMA of $0.03.

Octagon 88 Resources Inc. (OTCQB: OCTX) opened at $7.09 and oscillated in the range of $7.06 and $7.45 in the latest trading session, creating is new 52 weeks high price point in the process. It is currently at $7.30, up 4.73 percent from its previous close of $6.97. Octagon 88 Resources Inc shows bullish trend and the stock’s first resistance level is at $7.45. Upon breaching this level, the stock may touch $7.60. On the downside, it may slip to $7.15.

Eastman Kodak Co. (OTCQB: EKDKQ) opened at $0.34 and oscillated in the range of $0.30 and $0.34 in the latest trading session. It is at $0.31, down 7.38 percent from its previous close of $0.34. Eastman Kodak shows neutral trend and the stock’s first resistance level is at $0.33. Upon breaching this level, the stock may touch $0.35. On the downside, it may slip to $0.29. The stock has traded 2.369 million shares so far in this session. Eastman Kodak is based out of Rochester and deals in commercial imaging business.

AMR Corporation (OTCQB: AAMRQ) is trading in the range of $3.10 and $3.75 during its latest trading session. The stock recorded the volume of 13.726 million shares, in line with its average daily trading volume of 14.207 million shares. Its downward mvoement accompanied by high volume shows bearish trend, which is further confirmed by its MACD and EMA charts.

An investor in shares of Caterpillar Inc. (NYSE:CAT) filed a lawsuit against directors of Caterpillar Inc. in connection with the acquisition of a Chinese company in June 2012.

Federal Home Loan Mortgage Corporation (OTCQB: FMCC) stock is at $0.84, down 3.67 percent from its previous close of $0.87. However, its today’s volume of 10.998 million shares is higher than its usual trading volume of 6.753 million shares. The stock opened the session at $0.96 which is also its highest price point for the session. Federal Home Loan Mortgage’s lowest price point for the session stood at $0.79.

Goff Corp. (OTC:GOFF) is trading in the range of $0.41 and $0.51 in its current trading session. The stock recorded the volume of 28.411 million shares so far, in comparison its average daily trading volume of 40.526 million shares. The stock opened at $0.51 and is currently at $0.47, down 7.45 percent from its previous close of $0.51. Goff Corp has its first resistance level at $0.50 while it faces the support at $0.45. If the stock breaches this level, it may go touch $0.42. Goff Corp commands market capitalization of $134.99 million.