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 on Weak Consumer Spending Data
Wall Street's worries about weak consumer spending revived Thursday, sending stocks lower as bad news from Wal-Mart Stores Inc. signaled that even the stronger U.S. retailers struggled during the holiday shopping season.
In midmorning trading, the Dow fell 99.16, or 1.13 percent, to 8,670.54.
Broader stock indicators also declined. The Standard & Poor's 500 index fell 8.11, or 0.89 percent, to 898.54, and the Nasdaq composite index fell 12.87, or 0.80 percent, to 1,586.19.
The Russell 2000 index of smaller companies 3.62, or 0.73 percent, to 493.48.
Declining issues outnumbered advancers by about 2 to 1 on the New York Stock Exchange, where volume came to 117.8 million shares.
Government bond prices rose modestly. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 2.46 percent from 2.50 percent late Wednesday.
The dollar fell against other major currencies, and gold prices rose.
Light, sweet crude fell 41 cents to $42.22 a barrel on the New York Mercantile Exchange.
Yesterday’s Top Performing SmallCapVoice.com stocks:
Puritan Financial Group, Inc. (OTC BB: PTNG) was yesterday’s SmallCapVoice.com top performer moving up over 11% on trading volume of 20,200 shares.
Puritan Financial Group, Inc announced yesterday that it has appointed Trenton S. Sommerville Chief Executive Officer and Chairman of the Board. Mr. Sommerville succeeds Jerry Gruenbaum who will remain as a Director of the company. Mr. Gruenbaum stated, "We are very pleased to have someone of Mr. Sommerville's dedication and experience join our team. His energy level, work ethic and commitment to success are exactly what we need to move the company forward."
A full version of the press release can be viewed at:
http://finance.yahoo.com/news/Puritan-Financial-Group-Inc-bw-13988804.html
Atlantic Energy Solutions, Inc. (Pink Sheets: AESO) was another of yesterday’s SmallCapVoice.com top performers moving up over 19% on trading volume of 58,769 shares.
Today’s SmallCapVoice.com Hot Stocks to Watch:
Who’s Your Daddy (OTC BB: WYDI) is today’s hot stock to watch.
Who's Your Daddy, Inc announced today that it shipped over 300,000 Sport Energy Shots since it announced its Master Distributor Agreement with Beryt Promotion, LLC, a Nevada limited liability company on November 26, 2008. The Distributor has placed the product in Planet Hollywood and the product is featured on a billboard at the valet entrance of the casino. The Pomegranate flavored energy shot is a concentrated 2 ounce energy drink, designed to provide a zero calorie, sugar free, rapid and lasting energy boost which enhances muscle strength and endurance.
A full version of the press release can be viewed at:
http://finance.yahoo.com/news/Whos-Your-Daddy-Inc-Announces-bw-14002746.html
Green Earth Technologies, Inc. (OTC BB: GETG) is another hot stock to watch.
Green Earth Technologies announced today that their G-OIL(TM) G-1 Racing Oil has completed extensive trials at Daytona International Raceway in Florida to establish the performance of their new motor oil products. Kinetic Motorsports and Kinetic Sunbelt Engines performed on-track race tests in their BMW M3 GS car (a race built version of a standard street-going BMW M3) to establish the oil's operating parameters, and have concluded that G-OIL outperformed all the synthetic oils that they currently use. G-OIL will now be used in all Kinetic race cars for the upcoming Grand-Am Koni Sports Car Challenge later this month at the world famous NASCAR circuit in Daytona Florida.
A full version of the press release can be viewed at:
http://finance.yahoo.com/news/GOILTM-Debuts-at-Daytona-prnews-14003731.html
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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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