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

Stocks are extending their gains after getting another better-than-expected report on the housing market.

The government has reported that new home sales rose 4.7 percent in February. The report is encouraging because economists had expected sales to fall.

Stocks were already rising Wednesday on a report that demand for big-ticket manufactured goods rose in February rather than fell as economists had predicted. The home sales report added momentum to the buying.

The Dow Jones industrial average is up 160 at 7,820. The Standard & Poor's 500 index is up 17 at 823, while the Nasdaq composite index is up 35 at 1,552.

Yesterday’s Top Performing SmallCapVoice.com stock:

Defense Solutions Holding, Inc. (OTC BB: DFSH) was a SmallCapVoice.com top performer moving up over 22% on trading volume of 108,980 shares.

Defense Solutions Holding, Inc. commented today on recent developments in Iraq, specifically in reference to the Iraqi budget that was passed on March 5, 2009. The Iraqi Parliament passed its 2009 budget of $58.6 billion to begin its country’s rebuilding process. Defense Solutions, a company “registered” with the Iraqi Ministry of Trade to conduct business in Iraq, is one of the few American companies working directly with the Iraqi government and is in a position to become a key supplier for all defense-related military hardware to the Iraqi government, as well as, a broker for additional contracts unrelated to the military that include the rebuilding of homes, businesses, fiber optic communication systems, and infrastructures like roads and bridges.

Defense Solutions is an international project management, executive consulting, and business development firm headquartered in Exton, PA with branch and satellite offices on four continents. Established in 2001, Defense Solutions' founding corporate philosophy is to deliver the world's best solutions for our service members who deserve the best equipment, technology, and training, in performing their jobs with minimal risk to their lives and well being.

Today’s SmallCapVoice.com Hot Stocks to Watch:

Capital City Energy Group, Inc. (OTC BB: CETG)

In addition to its four wholly owned subsidiaries; Avanti Energy Partners, Eastern Well Services, Capital City Petroleum and Hotwell Services, Capital City Energy Group is a rapidly expanding energy company. It is an innovative leader in the design, management and sponsorship of retail and institutional direct participation energy programs and one of the few vertically integrated independent oil & natural gas companies operating today. CETG identifies and develops growth opportunities through drilling, operating, oil field service companies, acquisitions and fund management.

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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.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles.  For compensation and complete disclaimer click here.

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