Austin, TX 8/21/2009 10:05:08 PM
News / Business

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

Stocks surge on heels of Bernanke comments and housing data

Stocks are rallying after Federal Reserve Chairman Ben Bernanke told investors what they wanted to hear: The economy is indeed on the verge of recovery.

 

Major stock indicators, which were up moderately before his comments, surged more than 1 percent.

 

Bernanke's remarks during an annual Fed conference in Wyoming energized investors after a choppy week of trading amid mixed signals on the economy.

 

A surprise jump in home sales is also lifting stocks. A report shows sales of existing homes soared 7.2 percent in July, the largest monthly increase in 10 years.

 

The Dow Jones industrial average is up 127 at 9,477. The Standard & Poor's 500 index is up 15 at 1,022, while the Nasdaq composite index is up 22 at 2,011.

 

Yesterday’s Top Performing Small Cap stock:

 

Green Star Alternative Energy (Pink Sheets: GSAE) was a SmallCapVoice.com top performer closing up over 25% on trading volume of 73,500 shares.

 

Green Star Alternative Energy is an environmentally conscious, renewable energy developer. The Company is working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighboring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.

 

Today’s SmallCapVoice.com Hot Stock to Watch:

 

GWS Technologies, Inc. (OTC BB: GWSC)

 

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/8-17-09-audio-interview-with-gws-technologies-inc-otcbb-gwsc

 

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.

 

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.

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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Stuart T. Smith

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ssmith@smallcapvoice.com
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