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

Stock are lower this morning after an unexpected rise in new jobless claims suggested continued labor market weakness.

The Labor Department said that the number of new claims for unemployment benefits rose to 480,000 last week, up 7,000 from the previous week.

Markets in Europe and Asia also slipped as the dollar rose against the euro on speculation the Federal Reserve might increase rates sooner than expected.

Investors will get more evidence on the nation's economic recovery as the Conference Board issues its forecast of economic activity for November. Analysts expect the index to show a 0.7 percent rise last month following a 0.3 percent increase in October.

In early morning trading, the Dow Jones industrial average fell 67, or 0.6 percent, at 10,384. Standard & Poor's 500 index fell 8.70, or 0.8 percent, at 1,097.00, while Nasdaq 100 index fell 14.00, or 0.8 percent, at 1,786.00.

Yesterday’s Top Performing Small Cap stock:

Gen2Media Corporation (OTC BB: GTWO) was a SmallCapVoice.com top performer yesterday closing up over 6% on trading volume of 79,330 shares.

Gen2Media is a fully integrated technology and production company whose patent-pending Digital Video Publisher technology and online video advertising network and production has earned the trust of a growing, globally diversified customer base. Leading media companies, corporations, chart-topping artists, entertainment groups, advertising agencies, and national brands such as Mary J. Blige, Britney Spears, Justin Timberlake, Microsoft Xbox LIVE, Coca-Cola Company, Toyota, Clear Channel, and others use Gen2Media’s services. The Company's video publishing technology enables businesses of all kinds and sizes to easily publish online video, and manage media content and advertising delivery.

Today’s SmallCapVoice.com Hot Stock to Watch:

Morgan Creek Energy Corp. (OTC BB: MCKE)

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."

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.

Contact:

Stuart T. Smith

CEO

512-267-2430

ssmith@smallcapvoice.com
http://www.smallcapvoice.com