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:
Dow tops 14,000 in Anticipation of Fed Rate Cut:
Investors have brushed aside profit warnings from Citigroup and UBS, and are sending the Dow Jones industrial average into record territory after a weaker than expected report on manufacturing raised hopes that the Federal Reserve will lower interest rates later this month. The Nasdaq Composite is flirting with a multi-year high and the Dow Jones Industrial is back at the 14,000 level amid strength in techs and industrials. The market shot higher after the Institute for Supply Management said its index of manufacturing activity registered at 52.0 in September, below forecasts for a 53.0 reading. A reading of 50 or more indicates expansion, while below 50 indicates contraction. This followed mixed economic readings released in recent weeks that might prompt policymakers to shore up the economy with another cut when it meets at the end of the month
The Dow Jones industrial average was up 93.72, or 0.67 percent, to 13,989.35. The Dow briefly passed 14,008.70, surpassing its closing record of 14,000.41, set in mid-July. The Standard & Poor's 500 index was up 9.00, or 0.59 percent, to 1,535.75; and the Nasdaq composite index was up 17.09, or 0.63 percent, to 2,718.59.
Treasuries are higher and the yield on the 10-year Treasury note fell to 4.56 percent, from 4.59 percent late Friday.
The dollar was mixed against major currencies. Gold prices are slightly higher.
A barrel of light, sweet crude fell 89 cents to $80.77 on the New York Mercantile Exchange. This extended last week's decline on concerns that oil market fundamentals do not support recent high prices.
Friday’s Top Performing SmallCapVoice.com’s stock included:
Silver Dragon Resources Inc. (OTC BB: SDRG) was SmallCapVoice.com’s top performer for 9/28/07 closing up over 12% on trading volume of 443,418 shares.
Technest Holdings, Inc. (OTC BB: TCNH) was another SmallCapVoice.com’s top performer for 9/28/07 closing up 25% on trading volume of 43,001 shares.
Today’s Hot Stock to Watch:
A comprehensive report focusing on Tradeshow Marketing Company (Pink Sheets: TSHO) and developments in unique and innovative direct sales has been published by financial courier StockUpTicks.com and is available free of charge to the general public.
The report will feature detailed information regarding ``As Seen on TV'' marketer TSHO and address related information and companies including Avon Products, Inc. (NYSE: AVP), Ebay Inc. (NasdaqGS: EBAY) and Amazon.com, Inc. (NasdaqGS: AMZN).
``With infomercial superstar Billy Mays now serving as Tradeshow Marketing Company's Vice-President of Brand Production and the company's compelling aggregation model, this report should be a must-read for anyone interested in direct sales of any variety,'' stated SmallCap Sentinel analyst D.R. Clark. ``I think investors are going to be truly surprised by the contents of this report.''
Tradeshow Marketing Company (OTC BB: TSHO) is today’s SmallCapVoice’s hot stock to watch.
To get small cap and OTC stock quotes, company news, and much more please visit www.smallcapvoice.com. Don’t forget to sign up for our complimentary newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt-out as it is to opt in guaranteed!
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