1. THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION DISCUSSED DURING HAWKTRADE MEETINGS. Past performance does not guarantee future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Investing in any financial instruments does not guarantee that an investor will make money, avoid losing capital, or indicate that the investment is risk-free. There are no absolute guarantees in investing. HAWKTRADE and its members do not bear any responsibility for losses or gains made by members trading on their personal accounts based on analysis from HAWKTRADE meetings.

2.  President  Vice President  Market Researcher (2 positions)  Director of Marketing  Treasurer  Director of Technology  Director of Group Relations  Director of Education  Director of Group Simulations

3.  Elections will be held at last meeting April 29th  Voting will take place one position at a time  Elected Exec Board becomes official May 1st

4.  Ends Market Close April 27 th  Top 5 Finishers will be awarded  1 st place – iPad 3

5.  Europe Update  China’s Growth  Fed Policy  Earnings Season  Market Technicals

8. Pain in Spain Airtime: Fri. April. 13 2012 | 4:30 PM ET

11.  Spain’s economy is 4 times as large as Greece’s  10-Year Bonds reaching 5.85%  Borrowing level at about 6%  Greece asked for a bailout at 7% borrowing level

14.  Will Spain need a bailout?  Will that hurt the United States?  Many experts believe we are “decoupling” from other markets

16.  GDP growth rate went from 8.9 to 8.1 percent  Last time at this level, Q2 of 2009  Estimates were 8.3 for the month  7.5 is the level to worry

21.  Low interest rates until 2014 (0%-0.25%)  QE1 – 2009 ($1.7 Trillion)  QE2 – 2010 ($600 Billion)  Fed balance sheet, $2.8 Trillion  Operation Twist – 2011 ($  QE3

22.  U.S. Economy showing signs of strength  Unemployment numbers decreasing  No QE3 for now  Would take a dramatic change in economy for fed to implement QE3  U.S. recession  European financial shock  No QE3 for mild European recession

26. Stocks Breaking Out & Breaking Down Wed. Apr. 11 2012 | 12:42 PM ET

27.  Analyst is very bearish on the market  DOW has a Triple Top Pattern  Now showing a “Broadening Top”  DOW could have “sudden Death” and down to 12,000 this month  Or DOW trades “sideways” and trades up higher to high of this year and plunge later this year  analyst target is 10,400 on the DOW

29.  1370 Still The Number To Watch 1370 Still The Number To Watch

30.  50 MA on the S&P 500 is 1370  Traders are putting "hard stops" on that level  might explain reason we dropped down to 1358 earlier this week

32.  27 companies have reported prior to Tuesday  82% beat analyst’s estimates

33.  Positive  BBY- Est: 1.33 Act: 1.48  RT- Est: 0.16 Act: 0.18  MON- Est: 2.11 Act: 2.28  Negative  PBY- Est: 0.12 Act: -0.08  RIMM- Est: 0.81 Act: 0.80

38.  http://www.bloomberg.com/video/90594053/ http://www.bloomberg.com/video/90594053/

39.  C  KO  JNJ  IBM  GS  HAL  AXP  BAC  MCD  INTC

40.  Bull vs Bear Bull vs Bear  32 Companies have reported, 75% beat estimates  Wall Street defines a correction as a 10% drop  S&P 500 down 3.4% since high on April 2

41. Stocks Stage a Comeback! Wed. Apr. 11 2012 | 12:42 PM ET