Here are some market summaries and stocks to watch for Mon, Jun 5, 2006: Oil, gold, US dollar, Iran, tech stocks.

• NEWS:

• Oil is up on news of Iran’s withholding production.
• Gold is up about $8 per ounce.
• The US dollar is down against the Canadian dollar, Euro, and Japanese Yen. The Canadian dollar has not been this high against the US$ since 1978.

• CNBC’s Kudlow and Company guests and hosts discussed tech stocks under $20 that have been earning money. Other choices are the “blue chips” of tech, which are not as sexy but have been earning money. The problem with the blue chips is that they are exceedingly expensive and never split. For example, one analyst put an estimate of $600 for Yahoo, which is currently trading around $475. With a minimum 100 shares per lot (without trading fee penalties), that’s a minimum of about $47,500. That’s not the kind of stuff I’m focusing on at World Wealth View. Instead, I’ve been watching a few tech stocks hovering between $9 and $19 per share. I’ll expound more on them in the future, but for now, I’m suggesting you watch for any such tech companies who have been in the news lately in a positive light. If their share price is $9-$19, check their historic data and consider adding them to your portfolio.

DISCLAIMER: I do not own shares in any of the companies listed, unless otherwise noted. The suggestions below may not be considered investment advice, and I am not responsible for your purchases or sales. You trade at your own risk. If you disagree, please visit elsewhere.

Tags: worldwealthview, world wealth view, oil, Iran, US dollar, gold, tech stocks