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

Investors put stocks back on an upward path Tuesday, encouraged by a report that consumers are regaining some confidence and news of Ben Bernanke's reappointment as Federal Reserve chairman.

The Conference Board's Consumer Confidence index rose to 54.1 this month from an upwardly revised 47.4 in July and far above the 47.5 reading analysts expected.

Stocks got a boost from President Barack Obama's reappointment of Ben Bernanke as Federal Reserve chairman and a jump in home prices.

Bernanke's reappointment, though expected, came sooner than anticipated and removed any uncertainty about a potential replacement. Bernanke's aggressive moves to limit the damage from the financial crisis, including keeping interest rates at historic lows, have been credited with guiding the economy away from its worst recession since the 1930s.

Investors also got more good news on housing. A closely watched index showed home prices posted their first quarterly increase in three years. The Standard & Poor's/Case-Shiller's U.S. National Home Price Index rose nearly 3 percent from the first quarter, though was still down almost 15 percent from the second quarter of last year.

The Dow Jones industrial average rose 51.62, or 0.5 percent, to 9,560.90. The Standard & Poor's 500 index rose 5.07, or 0.5 percent, to 1,030.64, while the Nasdaq composite index rose 9.58, or 0.5 percent, to 2,027.56.

Yesterday’s Top Performing Small Cap stock:

TIE Technologies, Inc. (Pink Sheets: TTCS) was a SmallCapVoice.com top performer closing up 155% on trading volume of 2,000 shares.

TIE Technologies, Inc. announced the acquisition of Mobile Apps, Inc. and MobileChat, the already successful iPhone application.

TIE acquired one hundred percent of the shares of Mobile Apps, Inc. in exchange for 199,000 shares of TIE Technologies, Inc. common shares. Mobile Apps, Inc. owns the MobileChat iPhone application and is an approved application provider for Apple iTunes and the iPhone and iPod touch devices.

This key acquisition springboards TIE into the exploding mobile applications marketplace. Apple has proven this to be a very attractive and saleable product line, in fact the best Apps can become folk phenomenon. The mobile app market is expected to grow to $25 billion per year within five years, according to Juniper research. Serving MobileChat provides TIE with an immediate revenue stream and the infrastructure to deliver and market not only the MobileChat application, but also the other mobile applications under development, including TIE's Sleuth(tm), to this dynamic growing marketplace.

Today’s SmallCapVoice.com Hot Stock to Watch:

American Green Group, Inc. (Pink Sheets: AMNE)

AMNE is a U.S. based company rapidly moving into the six billion dollar building insulation business. AMNE is different from other insulation manufacturers and distributors because the company is entering the market with eco-friendly, soy-based spray foam insulation. There are only a handful of companies with this new eco-friendly insulation.

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