Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
AUSTIN, TX –(www.FinancialNewsUSA.com)– 07/28/2008 - SmallCapVoice.com, Inc., a recognized corporate consulting firm known for its ability to help emerging growth companies build a following among retail and institutional investors, provides the following market commentary and small cap stock highlights:
Stocks Move Higher on Upbeat Economic News
The economic backdrop and a cautious mood are putting modest pressure on the market as there is little in the way of data out this morning and earnings news is light to start the week. Amgen is having a strong day after releasing a favorable late-stage drug study, while Tyson Foods comes under pressure from poor earnings, and key metrics at Verizon Communications were soft. Kraft Foods, however, benefitted from higher prices.
In midmorning trading, the Dow Jones industrial average fell 39.73, or 0.35 percent, to 11,330.96.
Broader stock indicators fell. The Standard & Poor’s 500 index fell 0.87, or 0.07 percent, to 1,257.86, and the Nasdaq composite index fell 4.24, or 0.18 percent, to 2,306.29.
Bond prices rose Monday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 4.04 percent from 4.10 percent from late Thursday.
Light, sweet crude rose 24 cents per barrel to $123.50 on the New York Mercantile Exchange.
The dollar was mixed against other major currencies, while gold prices rose.
FridayÂ’s Top Performing SmallCapVoice.com stocks:
uKarma Corporation (OTC BB: UKMA) was a SmallCapVoice.com top performer for 7/25/08 surging up over 38% on impressive volume of 237,350 shares. Trading volume was 3X normal. UKMAÂ’s closing price of $0.29 was up over 60% above the previous days trading low of $0.18.
TodayÂ’s SmallCapVoice.com Hot Stock to Watch:
GWS Technologies, Inc. (OTC BB: GWSI) is todayÂ’s hot stock to watch.
GWSI shares continue to push higher on strong volume. Since hitting a low of $0.04 late last week the stock has rallied 150% to close the week at $0.10
GWS Technologies, Inc., a renewable energy technology company developing and marketing solar and wind-powered alternative energy products and solutions, announced on Wednesday the launch of the company’s new website dedicated to the emerging microgeneration marketplace. Microgeneration is the production of low-carbon electricity by individuals, small businesses and communities to meet their own energy requirements, and is part of a growing movement that is transforming the way everyday people provide for their energy needs. Microgeneration technologies include small scale wind turbines, photovoltaic solar power systems, and handheld products that can recharge electronic devices.
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About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.