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

Stocks are moderately lower as investors weigh recent signs of economic recovery and wonder what will be able to take the market higher.

Investors get a new reading on consumer sentiment Friday morning. Growing consumer confidence is important to a recovery because their spending accounts for more than two-thirds of economic activity.

U.S. consumer confidence rose to a nine-month high in June but failed again to surpass its level of September 2008, when the spectacular failure of Lehman Brothers sent the world economy into a tailspin, a survey showed on Friday.

The Reuters/University of Michigan Surveys of Consumers said its preliminary index of confidence for June rose to 69.0 from May’s 68.7. That was slightly below economists’ expectations of 69.5, according to a Reuters poll.

Worryingly, the report’s gauges of inflation expectations rose to their highest in months, creating concern for the Federal Reserve, which has pumped money into the financial system to spur recovery from the worst recession in decades.

For the third month now the overall consumer sentiment reading was at its highest since the Lehman debacle last September, which caused severe strains in financial markets, while not breaking through that month’s level of 70.3.

A stronger dollar is pushing down oil prices and commodity stocks. In the early going, the Dow Jones industrial average is down 41 at 8,730. The Standard & Poor’s 500 index is down 6 at 939. The Nasdaq composite index is down 14 at 1,848.

Yesterday’s Top Performing Small Cap stock:

GWS Technologies, Inc. (OTC BB: GWSC) was a SmallCapVoice.com top performer soaring up over 130% on trading volume of 1,077,617 shares.

Richard Reincke, President and CEO of GWS Technologies, Inc., Updates Shareholders on Recent Company Progress and News at SmallCapVoice.com

The new audio interview is now available and can be heard here at: http://smallcapvoice.com/blog/6-11-09-audio-interview-with-gws-technologies-inc-otcbb-gwsc/.

Today’s SmallCapVoice.com Hot Stock to Watch:

ZAGG, Inc. (OTC BB: ZAGG)

RedChip Companies, Inc. today announced that the CEOs and executive teams of 12 emerging small-cap and healthcare technology companies will deliver financial presentations during the 2009 RedChip Small-Cap Investor Conference being held June 16, 2009 in Fort Lauderdale, Florida. Company presentations will be webcast live via http://www.RedChip.com.

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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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