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

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 Are Lower on Inflation Report

Stocks are easing in early action amid general jitters about the economy. Economic releases will be on the light side this week, but the Fed’s rate decision and policy statement out on Tuesday afternoon is quickly taking center stage. On the economic front, personal spending and income exceeded expectations, while a closely watched measure of inflation rose more than forecast.

In early trading, the Dow Jones industrial average fell 63.02, or 0.56 percent, to 11,263.30.

Broader stock indicators also declined. The Standard & Poor's 500 index fell 3.43, or 0.27 percent, to 1,246.88, and the Nasdaq composite index declined 9.02, or 0.39 percent, to 2,301.94.

Bond prices fell. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.97 percent from late Friday's 3.94 percent.

Many on Wall Street will likely trade cautiously ahead of the Federal Reserve's policymaking meeting on Tuesday. The Fed is expected to keep interest rates steady at 2 percent, given the recent weak readings on the economy.

The dollar was mixed against other major currencies, while gold prices fell.

Light, sweet crude fell 61 cents to $124.49 a barrel on the New York Mercantile Exchange.

Friday’s Top Performing SmallCapVoice.com stocks:

Mega Media Group, Inc. (OTC BB: MMDA) was a SmallCapVoice.com top performer for 8/1/08 moving up a whopping 47% on trading volume of shares.

Today’s SmallCapVoice.com Hot Stock to Watch:

GWS Technologies, Inc. (OTC BB: GWSI) is today’s hot stock to watch.

GWSI shares continue to push higher on strong volume. Trading volume on Friday was very robust and over 4X above th3 30-day average.

The announcement last week by Billionaire investor T. Boone Pickens that he sold his entire stake in Yahoo, Inc. and now plans to make the U.S. "energy independent" by using wind power and natural gas powered vehicles has sparked investor interest in green energy stocks. Pickens is sinking billions of dollars into a new wind farm in Texas. It is likely to become the biggest in the world, producing enough power for the equivalent of 1.3 million homes.

GWS Technologies, Inc., an alternative energy company developing and marketing microgeneration solar and wind-powered renewable energy products and solutions, announced last week that it has entered into an agreement with Calgary-based Windterra Systems, Inc. to distribute Windterra’s revolutionary ECO1200 Vertical Axis Wind Turbine (VAWT). The ECO 1200 will be the first in a family of wind turbines designed specifically for roof top residential and light industrial use.

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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

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512-267-2430

ssmith@smallcapvoice.com
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