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Welcome to The Daily Stock Report...brought to you by Quality Stocks.Net, performance tracked daily. I'm Vanessa Ramirez and for Friday March 30th... we're bringing you the latest news from around the markets as well as the top movers to look out for today... In Headline News Today... Riding a shift in sentiment and better than expected economic data, the stock market started Thursday's session on an upbeat note. Its bullish tune quickly changed, however, when the technology sector got hit with selling interest and oil prices spiked more than $2.00 to trade above $66 per barrel. There wasn't any specific news catalyst for the late surge, but it was emblematic of a market that has had a manic demeanor ever since the global stock market sell-off on Feb. 27. At the end of the day, nine out of ten economic sectors had recorded a gain. The lone holdout was technology but its loss is better than it appears considering the sector was down close to 1.0% with less than two hours to go in the session. One of the "rallying" points for the market was the relative strength of the financial sector which was a main beneficiary of the late-day buying interest. Energy (+0.91%) was another notable leader as it drafted off the surge in crude prices that followed reports of the death of a presidential candidate in Nigeria. That news, combined with the growing tension in the Persian Gulf between Iran and the UK, added to the sense of uncertainty for traders with respect to supply lines and drove a speculative rally that saw crude futures for May delivery top out at $66.50 per barrel. Separately, it was reported that initial claims fell 10,000 to 308,000 in the latest week and that Q4 GDP was revised up to 2.5% from 2.2%. Those indications were well-received as they reinforced the view that labor market conditions remain strong and that economic growth is moderating to a point that should help curb inflation. The late rally pushed the S&P 500 into positive territory for the year (+0.30%). Friday marks the end of the first quarter for traders and the Personal income and Spending report, which contains the Fed's favored inflation indicator in the form of the core-PCE index, should help determine if the first quarter ends on a positive or negative note for the S&P. And now for our Small Cap News... brought to you by My Automated Advisor. As a pioneer in the automated advisory services industry, we have launched a groundbreaking advisory platform, finally giving clients the "Best of Both Worlds" - integrated access to trade alerts with properly licensed Investment Advisor Representatives. Targeted Genetics Corp. announced today that the company's net income of $808,000, up from a loss of $3.6 million, in the year-ago period. Revenue rose to $4 million from $1.9 million. The gains were due in part to the reduction in drug development costs and through company collaborations on an AIDS vaccine and a heart drug. Targeted Genetics engages in the research and development of gene therapy products and technologies for the treatment of acquired and inherited diseases. Targeted Genetics (TGEN) previously at $2.57 a share opens up today 66% at $4.27. Trey Resources, Inc. announced this month the company recently completed the second best sales month in the Company's history. January 2007 sales, exceeded $710,000. November 2006 was the company's best month with $826,000 in sales. Trey Resources is involved in the acquisition and build-out of technology and software companies. Since June 2004, Trey has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. Trey Resources, Inc. (TYRIA.OB) previously at $0.1 cents a share opens today up 44% at $0.2 cents a share. And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by QualityStocks.Net, where performance is tracked daily. Thank you for tuning in, I'm Vanessa Ramirez. Have a great day and we'll see you tomorrow, right here on the daily report. Please see Disclaimer on site: http://Disclaimer.QualityStocks.net

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