Stocks have rolled over to trade with sizable losses. The drop is due to disappointment over the latest dose of data.

The Philadelphia Fed Index fell in May to -5.8 from 8.5 in the prior month. It had been widely expected to improve to 8.8.

Leading Indicators also surprised to the downside. They showed a 0.1% decline, which contrasts with the 0.2% increase that had been broadly forecasted.

YIPI - Trade Alert
Up 11.43% in morning trading for a gain of 41% over three days
Yippy, Inc. is a new economy technology company that develops educational and reference search technologies, content aggregation services and application services environments for both consumer and commercial market segments.  The Company operates several online web properties and educational reference portals.  Yippy, Inc. has been approved to trade on the OTCQX U.S., the intelligent marketplace for the best OTC companies with the highest financial standards and superior information availability. Yippy, Inc. (OTCQX: YIPI ) reported Tuesday that the board has appointed two additional board members Mr. Morton Fink and  Ms. Debbie Sharken. Mr. Fink’s distinguished career has included executive management positions in the media, broadcast, cable and electronics industries. His experience provides a unique combination of management, leadership, and entrepreneurial skills. Mr. Fink was the founding CEO of Warner Home Video; his efforts drove Warner’s dominant worldwide market share. For almost 20 years, Ms. Sharken has been an expert in consumer direct marketing, relationship marketing, and advertising. She has honed her skills at top-notch agencies like McCann Relationship Marketing, Grey Direct, and Saatchi & Saatchi Wellness. Ms. Sharken has built her career on her abilities to create strategic, customized marketing campaigns that develop lasting relationships between brands and their customers. She has extensive experience across all marketing channels and disciplines, including a deep expertise in building digital businesses. Ms. Sharken is currently the Chief Marketing Officer at the Direct Marketing Association and is helping to lead the organization and its members meet the challenges of today’s marketplace.  She holds a BS in Advertising from Syracuse University.
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Stocks recently pushed up to new morning highs. The move correlated with an uptick by the euro, which is now back in positive territory with a 0.1% gain against the greenback.

Energy stocks have come to life after descending to new 2012 lows in the prior session. The sector is now sporting a 1.1% gain, which comes in the face of lower oil prices. Oil has been in a steady downtrend of late; the commodity currently trades at $93.15 per barrel, which is up from its morning low, but still down about 0.9% for the day.

YIPI - Trade Alert
Still Climbing, Up 2.9% Following Yesterday’s 12% Gain
Yippy, Inc. is a new economy technology company that develops educational and reference search technologies, content aggregation services and application services environments for both consumer and commercial market segments.  The Company operates several online web properties and educational reference portals.  Yippy, Inc. has been approved to trade on the OTCQX U.S., the intelligent marketplace for the best OTC companies with the highest financial standards and superior information availability. Yippy, Inc. (OTCQX: YIPI ) yesterday reported that the board has appointed two additional board members Mr. Morton Fink and  Ms. Debbie Sharken. Mr. Fink’s distinguished career has included executive management positions in the media, broadcast, cable and electronics industries. His experience provides a unique combination of management, leadership, and entrepreneurial skills. Mr. Fink was the founding CEO of Warner Home Video; his efforts drove Warner’s dominant worldwide market share. For almost 20 years, Ms. Sharken has been an expert in consumer direct marketing, relationship marketing, and advertising. She has honed her skills at top-notch agencies like McCann Relationship Marketing, Grey Direct, and Saatchi & Saatchi Wellness. Ms. Sharken has built her career on her abilities to create strategic, customized marketing campaigns that develop lasting relationships between brands and their customers. She has extensive experience across all marketing channels and disciplines, including a deep expertise in building digital businesses. Ms. Sharken is currently the Chief Marketing Officer at the Direct Marketing Association and is helping to lead the organization and its members meet the challenges of today’s marketplace.  She holds a BS in Advertising from Syracuse University.
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Stocks have made a modest move higher in recent trade, but overall action remains mixed. That has kept the broad market near the neutral line.

Separately, business inventory data for March were just released. Overall inventories increased by 0.3%, which is exactly what had been projected, on average, by economists surveyed by Briefing.com.

The latest NAHB Housing Market Index was also just released. It registered a reading of 29, which is up from the 25 that was posted in the prior month, and is better than the reading of 26 that had been broadly anticipated.

TTDZ - Trade Alert
Up 67.50% in morning trading to $.0067 with 16M shares traded
Triton Distribution Systems offers proprietary products and services that fill crucial needs in the travel industry. Triton’s ReservationExpert makes inventory available to markets worldwide, in real time, through a robust global network. Control of inventory remains with the supplier and Triton provides its services at a fraction of the cost of other, less comprehensive solutions. Triton is able to serve large travel suppliers including airlines, hotels, cruise lines, and car rentals; home-based, mid-size and mega travel agencies; travel portals; home and entertainment portals, as well as tour operators and cruise operators. The advantages in technology, marketing and cost structure make the Triton solution uniquely appealing to a diverse customer base. Triton (TTDZ.PK) announced today that the Company is launching a New “Exclusive” Global Travel Club to be owned 100% by Triton Distribution Systems, Inc. Triton has acquired an active membership list of 1,500,000 members that will be the core starting membership participants in Privileged, Inc. the newly formed company that will service all the travel needs of the members that are already signed up plus new members joining this “Exclusive” Travel Club.
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Stocks appear to have stabilized from their opening slide. The action has kept the S&P 500 near the 1340 line, although the broad market measure did slip a couple of points below that mark to register a new multi-month low.

Telecom stocks continue to trade lower, however. The sector regularly displayed relative strength last week, but with a 1.2% loss today it is underperforming the broad market. Most of the sector’s weakness is due to pressure against integrated telecom plays like AT&T (T 33.21, -0.38) and Verizon (VZ 40.64, -0.52).

PGSY - Trade Alert
Up 62.50% in morning trading to $.39 with 2.5M shares traded
Portlogic Systems Inc. is a mobile and Internet software developer and solutions provider for electronic payments, ticketing and marketing delivery and community communication systems. Portlogic Systems Inc. (OTC.BB: PGSY) announced Friday the appointment of AdaptMedia Inc. as its exclusive out-of-home advertising agency. Portlogic will use AdaptMedia’s vast National network to deploy its mobile marketing network in Canada.
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