September crude oil was chopping around the flat line overnight between approximately $70.50-71.25. However, minutes after the open of floor trading, crude fell sharply from the unchanged line, falling below the $70 level to lows of $69.05 per barrel. Currently, crude is trading 2.1% lower at $69.12 per barrel.
Natural gas traded in positive territory, just above the flat line, in overnight trading, but fell sharply at the open into negative territory to lows of $3.535. Natural gas is currently 2.2% lower at $3.56.
The US Dollar Index traded lower overnight, but spiked around 8:30ET into positive territory, but is only modestly higher currently.
December gold and September silver were trading modestly higher before declining sharply when pit trading began at 8:20ET to lows of $943.60 and $14.235, respectively. In recent trading, gold is back near the flatline, down 0.2% at $945.50 per ounce, while silver is 0.7% lower at $14.26 per ounce.
Yesterday’s Top Performing Small Cap stock:
Mantra Venture Group Ltd. (OTCBB: MVTG) was a SmallCapVoice.com top performer closing up 16% on trading volume of 42,826 shares.
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Today’s SmallCapVoice.com Hot Stock to Watch:
Single Touch Systems, Inc. (OTCBB: SITO)
SmallCapSentinel.com: Profile of Abbreviated Dial Codes (ADC) Company Released
LAS VEGAS, Aug. 11, 2009— A profile examining one company’s efforts in the intriguing realm of Abbreviated Dial Codes (ADC’s) and the monetization of this technology has been made available to investors of wireless communication companies Single Touch Systems, Inc. (OTCBB:SITO), AT&T (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Sprint Nextel (NYSE:S), and Motorola Inc. (NYSE:MOT).
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