Wall Street is moderately lower after an unexpected drop in retail sales in March tested a notion that the economy is starting to find its footing.

The worries over the retail sales data also overshadowed better-than-expected profit reports from Johnson & Johnson and Goldman Sachs Group Inc.

Financial stocks showed some of the steepest losses even after Goldman’s results came in well ahead of what analysts had been expecting. Other financial companies are due to report quarterly results this week.

Federal Reserve Chairman Ben Bernanke’s assertion Tuesday there have been “tentative signs” of easing in the recession appeared to contain selling pressure after a five-week surge in the stock market.

In the early going, the focus was on the Commerce Department’s report that retail sales fell 1.1 percent in March, the biggest drop in three months. Analysts polled by Thomson Reuters had expected an increase of 0.3 percent.

Yesterday’s Top Performing SmallCapVoice.com stocks:

GreenChek Technology, Inc. (OTC BB: GCHK) was a SmallCapVoice.com top performer moving up over 23% on trading volume of 2,383,179 shares.

GreenChek Technology Inc., a leading globally focused provider of hydrogen fuel cell technology, is pleased to report that the previously announced Internet marketing campaign designed to develop a North American distribution partner network has had a tremendous response. To date we have received applications from 93 distributors and are currently in the process of qualifying the candidates per region. Our initial goal was to establish 30 regional distribution partners in 2010, growing by 30 distributors annually to 90 regional distribution partners by the end of 2012. The estimated potential gross revenue from this project for 2010-2012 is $76.8 million. We believe we are well on our way to building a strong network of distributors in North America and look forward to having the majority of the regions qualified and up and running in the second quarter of 2010.

GreenChek Distribution Update

Today’s SmallCapVoice.com Hot Stock to Watch:

NXT Nutritionals Holdings, Inc. (OTC BB: NXTH)

NXT Nutritionals Holdings, Inc. (OTCBB: NXTH) a developer and marketer of proprietary, patent-pending healthy natural sweeteners, food and beverage products, announced the addition of David Deno to its Board of Directors. David Deno is a veteran executive with over 27 years of experience in the restaurant industry having held various key positions including President, CEO and CFO of public and private companies.

To get small cap and OTC stock quotes, company news, and much more please visit www.smallcapvoice.com. Don’t forget to sign up for our complimentary newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt-out as it is to opt in guaranteed!

About SmallCapVoice.com

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.

Contact:

Stuart T. Smith
CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com

Stocks pare gains following mixed readings on factory orders, housing, and service sector

Stocks pared some of their earlier gains Tuesday following disappointing readings on pending home sales and factory orders.

While investors expected the data to show further deterioration, they were hoping the pace of the declines would slow. The market is eager for signs that the U.S. recession will end this year.

The National Association of Realtors said Tuesday that pending home sales fell to the lowest level on record in November. The trade group said its seasonally adjusted index of pending sales for existing homes fell 4 percent to 82.3 from a downwardly revised October reading of 85.7 in October. That’s worse than the reading of 88 that economists expected, according to Thomson Reuters.

Meanwhile, the Commerce Department said factory orders declined for a record fourth straight month in November.

One bright spot among the day’s reports: the Institute for Supply Management said the U.S. services sector contracted at a slower pace last month. The trade group of purchasing executives said its services sector index rose to 40.6 in December from 37.3 in November. Wall Street economists had expected the index to slip slightly to 37.

The index continues to signal the sector is contracting, however. A reading below 50 signals contraction, while a reading above 50 indicates growth.

In midmorning trading, the Dow Jones industrial average rose 44.29, or 0.49 percent, to 8,997.18, after rising as much as 122 points prior to the readings. The Standard & Poor’s 500 index rose 4.89, or 0.53 percent, to 932.34, while the Nasdaq composite index advanced 12.40, or 0.76 percent, to 1,640.43.

Yesterday’s Top Performing SmallCapVoice.com stocks:

Puritan Financial Group (Pink Sheets: PTNG) was yesterday’s SmallCapVoice.com top performer moving up over 84% on trading volume of 96,980 shares.

Montavo, Inc. (OTC BB: MTVO) was yesterday’s SmallCapVoice.com top performer moving up over 17% on trading volume of 18,100 shares.

Today’s SmallCapVoice.com Hot Stock to Watch:

Nexia Holdings, Inc.  (OTC BB: NXHD) is today’s hot stock to watch.

Nexia Holdings, Inc. reported that it generated a total of $2,113,943 (unaudited) in gross salon revenues for the year 2008.

Landis Salons, Inc. now held by Green Endeavors Ltd. (Other OTC: GRNE) a majority owned subsidiary of Nexia, reported gross revenue growth of 4.2% to $2,113,943 in 2008 compared to $2,025,281 reported for the same period of 2007.

The Salt Lake City Landis salon generated revenues of $1,829,381 (unaudited), a 2.7% decrease for 2008 compared to $1,879,798 reported the same period in 2007. The Bountiful Landis Salon’s revenues for 2008 were $284,562 (unaudited), a 48.9% increase from the reported 2007 revenues of $145,483; this salon was acquired by Nexia during August of 2007.

A full version of the press release can be viewed at:
http://finance.yahoo.com/news/Nexia-Reports-Salon-Revenues-iw-13971928.html

To get small cap and OTC stock quotes, company news, and much more please visit www.smallcapvoice.com. Don’t forget to sign up for our complimentary newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt-out as it is to opt in guaranteed!

About SmallCapVoice.com

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.

Contact:
Stuart T. Smith
CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com