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

Stocks recently fell under renewed pressure, but have managed to make their way to their best levels of the session following the latest dose of economic data.

New home sales for June came in at an annualized rate of 384,000, which is well above the 352,000 that were widely expected. The latest figures mark the highest sales rate since November, which totaled 390,00. The previous month’s data was revised modestly higher to 346,000.

Though the latest rate of new home sales show higher demand for housing, the higher rate of new home sales can complicate the movement of existing home sales and keep inventory up. That could prolong the overall recovery process for housing.

Sept crude is back near the flat line after moving into negative territory, hitting recent lows of $67.68 per barrel. Currently, crude is trading 0.1% higher at $68.12 per barrel.

August natural gas remains lower and is trading with little volatility, currently down 2.7% at $3.756.

The dollar is modestly lower this morning, providing strength in precious metals. August gold is modestly higher, up 0.1% to $953.50 per ounce, while Sept silver is 1% higher at $14.015 per ounce.

Yesterday’s Top Performing Small Cap stock:

Single Touch Systems, Inc. (OTCBB: SITO) was a SmallCapVoice.com top performer closing up 0.10% on trading volume of 126,000 shares.

Single Touch Systems, Inc. (SITO) provides wireless operators, consumer brands, and retailers with innovative mobile commerce delivery solutions. Single Touch enables consumers to engage their mobile phones as proxy wallets or brand/retail environments by simply dialing a short branded phone number, or Abbreviated Dial Code (ADC). Single Touch System’s ADC platform is customizable to the needs of brands and retailers, creates whatever reporting is required, and facilitates operator direct billing for all services. Abbreviated Dial Codes, Mobile Coupon Platform, Listen Live Now, Mobile Microphone and other programs make Single Touch Systems a leading mobile commerce company to link wireless with on-line and brick and mortar business, leveraging the paradigm shift in how people use their mobile devices. In doing so, Single Touch Systems drives revenue for operators, retailers and brands and streamlines purchasing options for the end user.

Today’s SmallCapVoice.com Hot Stock to Watch:

Tie Technologies, Inc. (OTCPK: TTCS)

A New Audio Interview Featuring TIE Technologies, Inc. Executive Vice President, Mark Marangella, is Now at SmallCapVoice.com

SmallCapVoice.com, Inc. announced today that a new audio interview profiling TIE Technologies, Inc. (Pink Sheets: TTCS) is now available. The interview can be heard at http://smallcapvoice.com/blog/7-24-09-audio-interview-with-tie-technologies-inc-otcpk-ttcs/.

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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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