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

Stocks slipped in early trading Thursday as upbeat earnings failed to offset uncertainty still swirling around government involvement in the market and disappointing jobless and durable goods orders reports.

Politics, not the economy, had been dictating trading over the past week. Concerns about President Barack Obama's plan to overhaul banking regulation and restrict trading at large financial institutions spooked the market. The possibility Federal Reserve Board chairman Ben Bernanke wouldn't be confirmed for a second term had investors on edge, though those worries have subsided. Stocks have declined five of the past eight days.

During his State of the Union address Wednesday night, Obama avoided talking about the banking overhaul plan. Uncertainty over details of how that plan might be enacted and how strong trading restrictions would be had helped push the market to its worst three-day stretch since stocks bottomed last March.

Focus on the economy is creeping back to the forefront. The Fed said Wednesday afternoon it would keep interest rates at historic lows and the economy was showing signs of improvement. That helped stocks rally late in the day.

Investors welcomed a new round of earnings Thursday that showed signs of a strengthening economy. However, the Labor Department said weekly jobless claims fell by less than expected last week and the Commerce Department reported durable goods orders didn't rise as fast as anticipated last month, providing a reminder the economic recovery is likely to be slow.

In early morning trading, the Dow Jones industrial average fell 42.77, or 0.4 percent, to 10,193.39. The Standard & Poor's 500 index fell 2.58, or 0.2 percent, to 1,094.92, while the Nasdaq composite index fell 16.28, or 0.7 percent, to 2,205.13.

Yesterday’s Top Performing Small Cap stock:

TIE Technologies (Pink Sheets: TTCS) was a SmallCapVoice.com top performer yesterday closing up over 68% on trading volume of 5,000 shares.

TIE Technologies is a systems integration and telecommunications company focused on engineering and delivering innovative solutions for user's needs and challenges within the dynamic global voice, video and data communications markets. The company offers managed IT and telecommunication services to solve a myriad of complex client requirements. Services and solutions include out sourced and internal server, applications hosting, managed hosting and related systems management services, database hosting, content delivery networks, data broadcasting networks, and voice and video solutions providers.

Today’s SmallCapVoice.com Hot Stock to Watch:

Caleco Pharma Corp. (OTC BB: CAEH)

Caleco Pharma Corp. recently announced that it has retained Rearden Health Partners, a healthcare media and communications firm that specializes in healthcare product development. This alliance will allow Rearden Health Partners to directly participate in the management of Caleco Pharma's product licensing, research & development and commercialization activities. In addition, several members of the Rearden Health Partners team will assume executive level roles of Caleco Pharma, participating in general corporate management activites. The senior members of the Rearden team that will work with Caleco each have over 20 years experience in healthcare product development and commercialization and have worked on the launch of over 100 prescription and OTC products since 1975.

Caleco Pharma is focused on the ongoing research and development of its broad pipeline of over-the-counter and prescription medications including its proprietary "Liver Health Formula" technology designed to treat moderate to severe liver maladies, including Hepatitis C viral infection. In addition Caleco Pharma is developing Food Supplements and over-the-counter Dermatological Products based on the active ingredients found in the Liver Health Formula. To date, Caleco Pharma's intellectual property covering the Liver Health Formula comprises of patent applications in the United States, Europe and Canada and four European Drug Master File applications.

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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