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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:
Stocks Move Lower Amid Profit Taking and Economic Concerns:
Stocks are turning slightly lower amid profit taking and weakness in both the financial and energy sector. Continuing signs that the housing market remains weak and the lingering credit woes are weighing on the financial shares. A decline in oil prices is also having a negative impact on energy shares. Early morning strength in the technology sector is has given way to a slight decline in the Nasdaq. Microsoft remains a bright spot as its shares are higher ahead of the release of "Halo 3," the third release in the popular series, and Dell is finding support from news it will expand in China.
The Dow Jones industrial average was down 26.42 points, or 0.19 percent, at 13,793.77. The Standard & Poor's 500 index was down 4.39 points, or 0.29 percent, at 1,521.36., and the Nasdaq composite index was down 0.70 point, or 0.03 percent, at 2,670.52.
Treasuries are higher pushing the yield on the 10-year Treasury note down to 4.62 percent from 4.63 percent late Friday.
The dollar is lower against major currencies. Gold prices are lower.
Oil prices fell as a tropical depression in the Gulf of Mexico dissipated without causing damage to key oil and gas infrastructure. Crude dropped 28 cents to $81.34 on the New York Mercantile Exchange.
Yesterday’s Top Performing SmallCapVoice.com’s stock included:
NuVim, Inc. (OTC BB: NUVM) was SmallCapVoice.com’s top performer for 9/20/07 closing up 15% on trading volume of 65,000 shares.
Today’s Hot Stock to Watch:
QuoteMedia, Inc. (OTC BB: QMCI) is today’s SmallCapVoice’s hot stock to watch.
QuoteMedia, Inc. has retained market2world communications inc. to assist in the launch of its Quotestream II real-time streaming portfolio management product. Market2world is a Web 2.0 product launch and social media agency that specializes in blogger relations (BR) to secure online product previews and reviews from bloggers, podcasters, webcasting and social networking sites on the Internet.
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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
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