Investors' concerns about the U.S. economy aren't letting up even as Congress has reached a deal on a $789 billion economic stimulus plan.
Stocks tumbled early Thursday as a surprise jump in retail sales failed to lift the market's downcast mood. Investors looked past the stimulus plan and economic reports to cautious earnings forecasts and lingering questions about the health of the banking sector.
Investors remain concerned about the prospects for businesses and are hoping the stimulus plan's mix of spending and tax cuts will be able to help revive an economy mired in its worst recession in generations. But the plan, if passed, likely won't help immediately.
Yesterday’s Top Performing SmallCapVoice.com stocks included:
Omega Commercial Finance Corporation (OTC BB: OCFN) was a SmallCapVoice.com top performer moving up over 100% on trading volume of 144,084 shares.
Omega Commercial Finance Corporation is pleased to announce that the Company has signed a letter of intent to acquire 100% ownership of 3.9 acres of beachfront property ($116,000,000 Estimated Total Project Value) located in Puerto Penasco, Mexico.
ZAGG, Inc. (OTC BB: ZAGG) was another SmallCapVoice.com top performer moving up over 10% on trading volume of 216,052 shares.
RedChip Companies, Inc. and Health Tech Investment Forum today announced that the CEOs and executive teams of 20 emerging small-cap and health care technology companies will deliver financial presentations during the 2009 RedChip Companies and Health Tech Investment Forum to be held March 24, 2009 in San Francisco. ZAGG, Inc. will be among the small-cap companies set to present.
CYIOS Corporation (OTC BB: CYIO) was another SmallCapVoice.com top performer moving up over 16% on trading volume of 1,024,454 shares.
CYIOS Corporation announced a multiple award (ID/IQ) Indefinite Delivery/Indefinite Quantity contract by the FBI valued at $175M.
Today’s SmallCapVoice.com Hot Stock to Watch include:
L&L International Holdings, Inc. (OTC BB: LLFH)
RedChip Companies, Inc. and Health Tech Investment Forum today announced that the CEOs and executive teams of 20 emerging small-cap and health care technology companies will deliver financial presentations during the 2009 RedChip Companies and Health Tech Investment Forum to be held March 24, 2009 in San Francisco. L&L International Holdings, Inc. will be among the small-cap companies set to present.
Euoko Group Inc. (OTC BB: EUOK)
Euoko, a luxury brand of Euoko Group Inc., has partnered with the world-renowned Harrods department store in London for a launch on May 24, 2009.
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