TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Looking in on this morning’s levels we see the DOW (DIA) is currently pointing to a higher open indicating up +5.00 points as of 05:47 A.M., EST. The S&P (SPY) is showing higher as well, up +0.80 points. And the NASDAQ (QQQ) is indicating higher, better by +3.00 points. American markets will look to once again rebound after yesterday’s selloff. Major indices still sit on average highs at the moment.

 In the foreign world markets, the Asian markets popped a bit with the Nikkei 225 up +48.24 points ending the session up to 18,751.84. The Hang Seng fell apart dropping -272.34 points to 24,193.04, down over one full percent. This is the second day in a row the Hang Seng experienced a massive selloff. The Shanghai Composite shed almost a full percent down -31.06 points to 3,248.48. In Europe, the FTSE 100 is gaining ground up +16.85 points to 6,936.09. The CAC 40 is charging ahead as well today up +23.90 points to 4,941.25. The German DAX is gaining back some of yesterday’s losses today up +47.17 points to 11,437.55. The Swiss Market is up as well by +17.93 points coming in at 9,010.43 currently. Lastly, the Tel Aviv TA-100 Index bettered itself up 1.50 points to 1,356.85.

Oil is soaring today building the confidence of investors as it currently reads 52.31/barrel, up .78 cents 1.51% on the session so far. NYMEX Nat. Gas is basically at even reading 2.77/MMBtu, up some .11% today so far.

Precious metals remain confused as they read mixed today with Gold down -1.60/oz to 1,202.10 really testing the 1200 levels and Silver is up -.03/oz to 16.25. Platinum is also up -.30/oz to 1,183.00 and Palladium is down -3.80/oz to 827.90. COMEX Copper is up a bit today 1.65/lb on the session to 267.60/USd/lb.

Looking in on the Agricultural Commodity Futures, the day is looking weak again with CBOT Corn futures down 0.75/USd/bu. to 388.75. CBOT Wheat futures are also pointing down 2.00 to 494.00/USd/bu. ICE Cocoa showing down -10.00/USD/mt to 2,997.00. ICE Cotton #2 is also pointing down -.07/USd/lb. to 63.53, down some .11% on the session. Lastly, CME Live Cattle is showing even sitting at 154.05/USd/lb.

The Penny Stocks tore it up yesterday. Yesterday’s big news, again, was ERBB (ERBB), trading some 61M shares up over 17% to .0096 cents. The stock tagged its recent 52-week low of .0075 again before it made it’s turn running up nearly 20% intraday. Analysts and investors are watching this one very closely for a potential trend reversal and another session breakout. DiamondEye StockPicker and King Stock have called for ERBB‘s 15-18% increase with a possible trend reversal. The stock is showing a weak Relative Strength Index of about 23 on a 5-year chart and about 43 on a 6-month chart indicating this stock is way oversold and should be on the rise. Be sure to follow us on Stock Market Monitors and MarijuanaHempStocks.com for all your latest and up-to-date Marijuana and Hemp stock news coverage. THCZ is another stock that is looking to continue its upward soar. The stock has recently made a nice reach to its recent highs looking to bust through the ceiling yet again. We will keep you posted on its movement.