Penny Stocks
Follow-up: Bitcoin and blockchain are going bonkers again
The thought process: People think penny stocks are “risky” because of their volatility, but you shouldn’t confuse volatility for risk. Volatility is something that we, as traders, want; I would rather look to trade a small, obscure stock that has moves of 50 percent...
Raging Bull podcast: Jeff Williams on bitcoin-stock blast-off
Jeff Williams of PennyPro.com put buy recommendations on two Bitcoin stocks before the market opened on Monday, and both stocks registered triple-digit gains on the day as bitcoin soared to all-time highs. Now he’s talking what’s next with First Bitcoin...
Off the news: Two hot bitcoin penny stocks ready to move
The set-up: Bitcoin dominated the headlines over the weekend as it charged to new record highs passing passing $4,000 from strong Chinese demand. On top of that “Blockchain” – which, simplistically, is a way to record bitcoin and other cryptocurrency...
Back to the basics: Rights offerings explained
Secondary offerings are, in general, for institutional investors, and that’s not you. It’s pretty hard to get around that, but there is one type of offering you can take part in as an individual, and that’s a rights offering. A rights offering is simply an issue of...
How to use Exponential Moving Average Crossovers as Trade Signals
Moving averages give traders an idea of the overall trend of a stock; they’re a technical indicator that can potentially reveal and provide trading opportunities. To make the most of those opportunities, however, you have to know what you are looking at, and many...
Off the news: No market action means no trading
The backdrop: Yes, the market is at all-time highs and the Dow Jones Industrial Average has closed at a record high for nine days in a row, but that is masking a market that is ridiculously slow right now. The SPDR S&P 500 ETF (SPY) traded 32 million shares...
Today’s trade: Kratos Defense & Security Solutions Inc. (KTOS)
The set-up: For anyone following defense stocks, it’s no secret that many in the sector have been up near or over 100 percent in the last 52 weeks. Kratos Defense & Security Solutions Inc. (KTOS) is no exception, as its shares have soared from $523 in late...
Spotting penny stocks before the BIG move
You’ve probably seen or heard this story before: A penny stock soars X% in one day. Now, everyone wants into a trade that’s up significantly in just one day. With penny stocks, these moves aren’t out of the ordinary, but you will want to look at some key factors if...
Penny Stocks worth millions? Here’s what to look for
Penny stocks have long been considered highly speculative investments. While the public hears “penny stocks” and thinks pennies, the reality is that penny stocks are defined as issues trading below $5 per share, and many of them trade on the major stock...
Today’s trade: Is TEAR ready to go on a tear?
The set-up: TearLab Corp. (TEAR) has recently come off a 114 percent move; if you’re like me and use Fibonacci retracement tools, you can clearly see the set up for a 50 percent retracement bounce around $2.75. The get-up-and-go: Now that TEAR has held over the...
How to start investing with just $1000
Very few people start out investing when they are rich and have a lot of money. Most people are hoping they can grow what little they have. Just because you don’t have a lot of money doesn’t mean you should be deterred from getting started in trading, but if you have...
Market lesson: Pareteum Corp. (TEUM)
The back-story: Last Thursday, Pareteum Corp. was notified by NYSE MKT that its stock would be delisted if it didn’t step up to meet compliance standards. On Friday, July 14, the company announced that it had meet certain standards and that the exchange had given it...
Penny Stock Lessons from Warren Buffett
Warren Buffett, the legendary “Oracle of Omaha,” is one of the wealthiest people in the world, having amassed a fortune of more than $70 billion since the 1960s. Many people take investment lessons a from Buffett, and base stock-picking tips on his homespun attitude....
