SmallCapVoice.com, Inc., a recognized corporate consulting firm known for its ability to help emerging growth companies build a following among retail and institutional investors, provides the following market commentary and small cap stock highlights:
Following some midmorning uncertainty, enthusiasm has returned and stocks are trading at session highs amid optimism that the Fed will cut rates at its meeting today and signal further easing, while upbeat earnings from Lehman Brothers and a drop in the headline Producer Price Index aid sentiment. Most investors are betting on a quarter-point cut in the benchmark federal funds rate. Given recent weak economic data, some on Wall Street anticipate a half-point rate cut. Wall Street will also be focusing on how the Fed characterizes the housing, credit and stock markets' drag on the
The Dow Jones industrial average was up 97.55, or 0.73 percent, to 13,500.97. The Standard & Poor's 500 index was up 9.39, or 0.64 percent, to 1,486.04, and the Nasdaq composite index was up 11.44, or 0.44 percent, to 2,593.10.
Treasuries are lower pushing the yield on the 10-year Treasury note up to 4.49 percent from 4.47 percent late Monday.
Yesterday’s Top Performing SmallCapVoice.com’s stock included:
Zippi(TM) Networks, Inc. (Pink Sheets: ZPNW) was SmallCapVoice.com’s top performer for 9/17/07 closing up 20% on trading volume of 118,504 shares.
The Alliance Enterprise Corporation (Pink Sheets: AETR) is today’s SmallCapVoice’s hot stock to watch.
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About SmallCapVoice.com
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.
Contact:
Stuart T. Smith
CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com
