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

Stocks are rising in early trading following a benign reading on consumer inflation and a rebound in housing starts last month.

Consumer prices excluding food and energy were flat in November, signaling that inflation isn't rising through the economy. It was the first time that "core" inflation was unchanged after 10 monthly increases.

Meanwhile the Commerce Department said construction of new homes and apartments rose 8.9 percent last month.

The data is likely being discussed by Federal Reserve policymakers as they finish a two-day meeting on interest rate policy this afternoon. Investors expect the Fed will hold rates steady even as the economy is showing signs of recovery.

The Dow Jones industrial average rose 52.45, or 0.5 percent, to 10,504.45, the Standard & Poor's 500 index is up 6.82, or 0.6 percent, to 1,114.75, and the Nasdaq composite index is up 15.69, or 0.7 percent, at 2,216.74.

Yesterday’s Top Performing Small Cap stock:

Morgan Creek Energy Corp. (OTC BB: MCKE) was a SmallCapVoice.com top performer yesterday closing up over 20% on trading volume of 57,613 shares.

Morgan Creek Energy Corp. announced plans to spud the first well, known as the Nowlin #1-19 well, on the North Fork 3-D Prospect in Beaver County, Oklahoma during the week of January 17, 2010.

According to an Amended Agreement signed on December 1, 2009 between Morgan Creek and Bonanza Resources ("Bonanza"), Morgan Creek has an option to acquire a 70% working interest in Bonanza's 85% working interest (a 59.50% net working interest) in the Prospect, up to October 28, 2010.

The Nowlin #1-19 well is the first well to be drilled on the property based on seismic data and proximity to existing oil production from the Morrow A and B Sand channels identified by geologists. Under the proposed AFE, the projected dry hole and completion expenditures are approximately US $950,000 to a total depth of approximately 8,700 feet.

Morgan Creek Energy has arranged to finance drilling and completion costs with two partners who will pay 67% of the costs of the first well. Morgan Creek will pay 33% of the drilling and completion costs.

Company President, Peter Wilson states, "We are set to spud the first of what could potentially be many wells on the North Fork 3-D Prospect. Management is confident that this well will provide results showing the potential of the Morrow Sands using state of the art, AVO 3D interpretive seismic data."

Today’s SmallCapVoice.com Hot Stocks to Watch:

VitaminSpice, Inc. (OTC BB: VTMS)

According to market research publisher, Packaged Facts, consumers are looking at premium fare that offers not only convenience, but health and nutritional benefits as well and it appears that VitaminSpice may be just the ticket, having combined vitamins with ordinary spices.

VitaminSpice is the brainchild of Mr. Ed Bukstel, who was cooking for his daughters one afternoon when he decided to add vitamins along with spices to the meal and from there it's been a whirlwind success story that has caught the eye of perhaps one of the nation's icons of retailing, Mr. Bill Fields, the former CEO of Wal-Mart Stores who was credited with building the largest discount retail chain in the world.

Bark Group, Inc. (OTC BB: BKPG)

eMarketer's Geoff Ramsey sided with Forrester Research on Monday in predicting a 59% shift in US ad dollars from traditional to digital media in 2010 as marketers look for more efficient results. "True value is being unearthed by better measurement systems, such as more efficient targeting," said Ramsey. He might as well have been talking about Bark Group, Inc., a Denmark-based agency that's taking media intelligence and measurement to whole new level.

Copenhagen has been in the news daily over the slate of climate change talks, though in the advertising world, eyes are falling on an innovative, daring group of marketing and communications specialists behind Bark Group, which looks to actually develop an algorithm to improve advertising results by teaming up with Mindmetic, which is developing methods for interpreting and decoding conscious and subconscious human emotions and reactions. Simply put, predicting the better response to advertising.

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