Welcome to The Daily Stock Report...brought to you by QualityStocks.net, where performance is tracked daily.
I'm Jen Hoffman, and for WEDNESDAY November 7th we're bringing you the latest news from around the markets ...
(HEADLINE NEWS)
Today's headline news are brought to you by Canam Energy Inc. (CNGJ.PK)
Canam Energy Inc.(CNGJ.PK) is a rapidly emerging mineral exploration company that is committed to defining, exploring, and developing mineral properties around the globe while maximizing shareholder value.
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Lets get in to the Headline news for Tuesday...
Credit concerns were set aside on Tuesday as the stock market rallied in the face of rising oil prices, which rose 3.3% to $97.10 per barrel at their high for the session.
Oil prices fell back some to end the trading session at $96.70.
Investors remain haunted by the big debt problems at banks, notably Citigroup Inc. and Merrill Lynch & Co. But companies outside of the banking, lending and housing industries have been posting strong financial results
Production has stopped on at least six sitcoms filmed before live audiences because of the Hollywood writers strike. With no end in sight, only time will tell.
The markets open this morning with...
The Dow up 117.54 or point 87%
The Nasdaq up, 30.00 or 1.07%
And the S&P 500 up 18.10 or 1.2%
And now for a look at the Small Cap news Quality Stocks is tracking...
Small Cap headlines are brought to you by: Modavox Inc. (MDVX.OB)
Modavox, Inc(MDVX.OB) is an Internet broadcast company that produces audio and video media content for targeted audiences. It provides production services for various original, live, and prerecorded Internet talk radio programming on its VoiceAmerica Network, as well as provides software solutions that create digital online audio/visual media.
Gemini Explorations (GXPI.OB) previously at 12 cents is up 52% with just over 10 million shares traded.
The company is focused on extending the known mineralized zone of the Los Chorros Gold Mine. Gemini Explorations, Inc.(GXPI.OB) is confident that The Los Chorros Mine presents an excellent opportunity for Gemini to take advantage of the near record high gold prices. This also provides an internal source of cash flow to fund its ongoing development and exploitation.
Silver Dragon Resources Inc. (SDRG.OB) previously at 68 cents up 32% at 90 cents with 1.1 million shares traded
Silver Dragon(SDRG.OB) is a mining and metal company focused on the exploration, acquisition,
development and operation of silver mines in proven silver districts globally.
Patriot Scientific Corporation (PTSC.OB) previously at 50 cents a share up 14% at 57 cents with a little over 4.6 million shares traded.
Patriot Scientific (PTSC.OB) develops and licenses microprocessors and related intellectual property that satisfy the demands in fast-growing markets such as wireless devices, smart cards, home appliances and gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, and industrial controllers.
And that's our newsmakers, Stay tuned right here to QualityStocks Daily Newsletter for the latest news from small cap to large cap, and everything in between by QualityStocks.net. Where performance is tracked daily.
Thank you for tuning in, Jen Hoffman, Have a great day and we'll see you tomorrow, right here on The QualityStocks Daily Report.
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