News / Business
Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Equity markets opened lower this morning, but have erased most of those losses and has moved back near the unchanged line.
Sept crude oil traded in negative territory overnight and remains there in recent trading activity. Crude hit lows just before the open of pit trading of $70.16 per barrel and attempted to rally, bouncing around 1.7% higher to $71.36 per barrel. Currently, crude has given back some of those gains and is currently 1% lower at $70.86 per barrel.
Sept natural gas is also trading in negative territory from overnight. Nat gas hit lows of $3.868 around 40 minutes after the open of pit trading and is currently trading about 2.5% lower at $3.931.
The dollar has declined off morning highs and is trading closer to the unchanged line.
Dec gold and Sept silver opened in negative territory, but pushed higher in morning trade, hitting highs of $963.60 and $14.555, respectively. In currently trading, gold is 2.9% higher at $961.60 per ounce, while silver is 0.8% higher at $14.515 per ounce.
Yesterday’s Top Performing Small Cap stock:
South Shore Resources Inc. (OTCPK: SSHO) was a SmallCapVoice.com top performer closing up 23.53% on trading volume of 62,599 shares.
South Shore Resources Inc. is engaged in the manufacturing, marketing, sales and distribution of products which are committed to fuel savings with the use of Hydrogen Generating Modules and related accessories to the transportation and automotive manufacturing industries which are either in development and/or commercialization stages.
Today’s SmallCapVoice.com Hot Stock to Watch:
Sionix Corporation (OTCBB: SINX)
“Elixir” is a registered trademark of SIONIX Corporation. SIONIX develops new concepts in “Modular Packaged Water Treatment Systems” using dissolved air flotation (DAF) and membrane technology designed for the waste water treatment and drinking water industries. SIONIX owns eight product and process patents and two are pending. The Company is evolving peripheral and new products for water treatment applications.
SIONIX designs “Safe Water Systems” that require uninterrupted water supplies with many applications in mind, such as defense, government facilities, emergency water supplies during natural disasters, hospitals, pharmaceuticals, resorts and hotels, housing development projects, industrial applications and brackish waste water from oil and gas drilling. Intended applications also include desalinization and pre-treatment for reverse osmosis and other membrane applications. Industrial applications would also include industrial waste water, bottled water, industrial process water, food, dairy, agri-business, meat processing, and hog and poultry operations.
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