Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks turned higher as an unexpected drop in new jobless claims and strong earnings from JPMorgan Chase tempered concerns that CIT, a top lender to small businesses, could collapse.

The Labor Department says new unemployment claims unexpectedly plunged last week. However, the timing of automobile plant closures might have skewed the data.

The Labor Department said new claims for unemployment insurance plunged last week by 47,000 to 522,000, the lowest level since early January. Economists polled by Thomson Reuters predicted an increase to 575,000.

Investors are weighing strong results from JPMorgan Chase against concern that talks broke down between small business lender CIT Group and the government about a possible rescue.

In early morning trading, the Dow Jones industrial average rose 38.02 or 0.4 percent to 8,654.23. The Standard & Poor's 500 index rose 1.47, or 0.2 percent, to 934.15, while tech-heavy Nasdaq composite index rose 6.89, or 0.4 percent, to 1,869.79.

Yesterday’s Top Performing Small Cap stock:

GWS Technologies, Inc. (OTC BB: GWSC) was a SmallCapVoice.com top performer closing up about % on trading volume  shares.

GWS stands for GreenWindSolar. We are a renewable energy technology company developing and marketing solar and wind-powered renewable energy products and solutions. Our products and solutions are part of the new microgeneration movement that is transforming the way businesses and consumers provide for their energy needs. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.

A New Audio Interview Featuring Richard Reincke of GWS Technologies, Inc., is now at SmallCapVoice.com. The interview can be heard at http://smallcapvoice.com/blog/7-13-09-audio-interview-with-gws-technologies-inc-otcbb-gwsc/.

Today’s SmallCapVoice.com Hot Stock to Watch:

Green Star Alternative Energy, Inc. (Pink Sheets: GSAE)

Green Star Alternative Energy, Inc. announced the signing of non-disclosure agreements between the Green Star/Notos JV and Gamesa Eolica S.L.; as well as between the Green Star/Notos JV and Elektrawinds. The non-disclosure agreements reflect the Company’s efforts to complete discussions with both Gamesa and with Elektrawinds.

Gamesa is one of the main wind turbine manufacturers worldwide and is a leader in the design and development of these turbines. Gamesa has installed more than 16,000 MW of its main product line in 20 countries spread out over four continents. However, manufacturing is only a part of its corporate mandate - the Gamesa Business Unit has the mission of developing and building wind farms.

Elektrawinds is currently the largest private company in the Belgian renewable energy market and was established in 1998. Elektrawinds produces, sells and distributes green power generated from inexhaustible clean energy resources such as wind, sun and organic matter.

Mike Andric, CEO of Green Star Alternative Energy, stated: “The non-disclosure agreements do not permit Green Star to discuss our current involvements with these companies; we will keep our shareholders and the investment community apprised of developments as the agreements allow.”

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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.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles.  For compensation and complete disclaimer click here.

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