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 Rise as On Lower Oil and Stronger Dollar

Stocks are higher in early trading Friday after oil prices fell, easing worries over a quarterly loss from mortgage finance company Fannie Mae that was more than triple what Wall Street expected.

While investors welcomed the drop in oil, the news from the largest U.S. buyer and backer of home loans touched off fresh concern about the housing sector and the economy.

U.S. light crude oil for September delivery slumped $3.90 to $116.11 a barrel on the New York Mercantile Exchange.

The Dow rose 118.23, or 1.03 percent, to 11,549.66. The Dow fell nearly 225 points Thursday after concerns about the financial sector, a weak showing by retailers in July and a spike in weekly unemployment claims. The decline erased a large part of the gains from the prior two sessions.

Broader indicators also rose Friday. The Standard & Poor's 500 index rose 7.61, or 0.60 percent, to 1,273.68, and the Nasdaq composite index advanced 24.78, or 1.05 percent, to 2,380.51.

The dollar rallied versus the euro after the European Central Bank's ho-hum outlook on European global growth. The greenback also rallied versus the yen.

Treasury prices advanced lowering the yield on the benchmark 10-year note to 3.90% from 3.92% late Thursday.

COMEX gold for October delivery fell $5.80 to $868 an ounce. 

Wednesday’s Top Performing SmallCapVoice.com stocks:

New Asia Gold Corp., (OTC BB: NWAG) was a SmallCapVoice.com top performer for 8/7/08 moving up over 22% on trading volume of 5,844 shares.

Today’s SmallCapVoice.com Hot Stock to Watch:

Mantra Venture Group, (OTC BB: MVTG) is today’s hot stock to watch.

Mantra Venture Group Ltd. Announced earlier in the week that it has entered into an agreement in principle for a joint venture agreement with Northwind Ethanol Ltd. ("Northwind") to produce fuel ethanol using their proprietary starch and cellulose technology. The final agreement is undergoing final review by Mantra and Northwind's legal counsel. The joint venture will be carried out through Mantra's wholly-owned subsidiary, Mantra NextGen Power Inc. ("NextGen"). According to the terms of the joint venture agreement, Mantra will own 51% of NextGen and Northwind will own 49%.

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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.

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Stuart T. Smith

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