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

Investors are entering trading cautiously Tuesday as the updated report from the Commerce Department showed the nation's economy grew at a 2.8 percent rate in the third quarter, down from an initial estimate of 3.5 percent. The report provided fresh evidence that the economic recovery will likely be slow and bumpy.

Economists polled by Thomson Reuters predicted the growth rate would be revised to 2.9 percent.

Slow consumer spending, weakness in commercial construction and the nation's trade gap all likely contributed to the lower growth expectation.

Consumer spending accounts for more than two-thirds of all economic activity and a rebound in shopping is considered vital for a strong recovery.

A weakening dollar has bolstered commodities and stocks of energy and materials companies, helping drive shares higher in recent weeks. The dollar was mixed Tuesday against other major currencies, while gold prices also rose.

Meanwhile, bond prices rose modestly. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 3.34 percent from 3.36 percent late Monday. The yield on the three-month T-bill, considered one of the safest investments, rose to 0.05 percent from 0.03 percent.

Yesterday’s Top Performing Small Cap stock:

Wind Works Power Corp.  (OTC BB: WWPW) was a SmallCapVoice.com top performer yesterday closing up over 14% on trading volume of 691.300 shares.

Wind Works Power Corp. recently announced that it is submitting an application for its 10 megawatt (MW) Clean Breeze wind energy project for a power contract under the new Feed-in Tariff program as part of the Ontario Power Authority initial launch period.

The Feed-in Tariff (FIT) contract program is part of the new Green Energy Act in Ontario and offers a power contract with a guaranteed rate of C$135.00/MWh over a 20-year term to qualified wind energy projects. The Ontario Power Authority (OPA) initial launch period deadline for FIT applications is November 30, 2009. This first launch period is designed for projects that were being developed under the Renewable Energy retired Renewable Energy Standard Offer Program (RESOP program) and are therefore further advanced.

Today’s SmallCapVoice.com Hot Stocks to Watch:

GWS Technologies, Inc.  (OTC BB: GWSC)

GWS Technologies, Inc., an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, announced today that it would begin distribution of the Solaranda™ Solar Shade Structure.

“The Solaranda is innovative, creative, and just the solution to give the solar industry a boost,” said GWS Technologies Vice President Michael Coskun. “The Solaranda appeals to a large consumer base and gives virtually everyone the opportunity to save money and lower their electric bills,” added Mr. Coskun.

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