Ripples of terror reverberated around Wall Street trading desks yesterday when the SEC accused a former Schottenfeld Group trader with spreading false rumors about Blackstone's proposed takeover of ADS.

When City traders have high morning testosterone levels they make more than average profits for the rest of that day, researchers at the University of Cambridge have discovered.

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Black Dragon Resource Companies (BDGR), previously at $0.021 up 85% at $0.039 with 6,575,584 shares traded, was highlighted by OTC Picks, Penny Buster and OTC Stock Exchange. Black Dragon Resources announced that it has potentially secured $100,000,000 in financing from an un-named Joint Partner. The financing agreement was contingent on Black Dragon Resources ability to confirm its oil and gas reserves have a value of at least $2.7 billion dollars, through an audit that will be completed within the week.

eWorld Interactive says watch these stocks in 2008. Stocks to Watch: eWorld Interactive, Inc. (OTC BB:EWIN), Power Group, Ltd (OTCBB: IPWG), GameZnFlix, Inc. (OTC BB:GMFX) , AmeriChip International Inc. (OTC BB:ACII), HandHeld Entertainment Inc (Nasdaq: ZVUE)

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Yesterday, the Hong Kong market crashed sharply for the second consecutive day. Five American and European central banks pumped liquidity into the market to ease the liquidity crisis. Investors were not convinced that the credit crisis was over.

Yesterday, the Hong Kong market surged on the strength of local properties. The market expected interest rate cut. Investors chased property stocks. Sun Hung Kai Properties, Henderson Land, Swire Pacific and Sino Land rose strongly to pace the blue chips.

The stock markets in USA are looking to make modest gains and to the possible Federal reserve interest rate cut. Fed's rate cut action may overshadow the subprime losses and give the markets a lift.

Commenting for today's stock market direction in Hong Kong Fulbright Securities says "We expect the market to fall this week. 28000 is the support level."

The week ended quietly on Wall Street, says A. G. Edwards market commentator Alfred E. Goldman, corporate vice president and chief market strategist at A.G. Edwards & Sons, Inc.

Asian and Pacific markets traded higher with a confidence after the announcement of the government of United States that plans to limit subprime related losses.