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3. HawkTrade Stock Investment Competition Winners

4. 1 st Place: Phil C. 2 nd Place: Tom L. 3 rd Place: Kyle J.

5. 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.

6.  Government will continue its QE2 purchases through June as planned  Plans to keep interest rates low at current levels

7. CompanySurprise Coca Cola 0.5% Pepsi 1.0% BP -3.6% Caterpillar 40.8%

8. CompanySurprise Microsoft 9.7% Ford 24.5% Exxon Mobile 3.2% Chevron 3.0% Proctor and Gamble -0.8%

9.  The downstream… and customer staples companies will report  This is a test to see how narrowed margins have been effected business Pfizer MasterCard Visa Comcast CBS Kraft GM Time Warner AOL Electronic Arts WholeFoods Kellogg Sara Lee

10. Next Week’s Earnings Fri 29 Apr 11 | 08:00 PM ET

11.  Growing population  Demand for food worldwide will be strong and steady long-term  Per-capita incomes in emerging markets rising, people are becoming wealthier and eating more  Supply constraints

13.  8.7 billion chickens  33.3 million cattle  246 million turkeys  2.2 million sheep  113.6 million hogs

15.  The Correct term for the meat processers is “protein consolidators”  Currently over 80% of all steers and heifers in the US are owned and processed by 4 companies  The Top Four: 1.Cargill (private) 2. Tyson (TSN) 3. National Beef (private) 4. American packing (private)

16.  In America having meat is expected  In emerging countries meat is a luxury  Growing middle classes in emerging market countries is leading to higher demand for meat  Industry is becoming more efficient  Animal bi-products are now considered co-products

17. 1.Cargill (private) 2. Tyson (TSN) 3. JBS (JBSAY) 3. National Beef (private) 4. American packing (private) 5. Marfrig (MRRTY)

18. Brazil: Food for Though Fri 29 Apr 11 | 04:50 PM ET

19. Brazil Food: (BRFS)

20. Summer Outlook “Sell in May and Go Away”

21.  GDP slowed, but… there were several indicators of future forward momentum  Increased consumer spending  Increased spending on equipment/software  324 of the S&P 500 companies have reported earnings  73 percent were above analysts' expectations  On average only 62% beat expectations

22.  Next Week’s Datapalooza can dictate the rest of the month

23.  Signs that the home market is improving  This is the ball and chain for the financials (and entire market)

24.  China tightening

25.  Price of Oil/ Gasoline

26.  Margins getting squeezed