by Jason Bond | Jun 22, 2017 | Penny Stocks
If you don’t have much time to dedicate to the market, and can only be at your computer for a couple of hours a week, consider swing trading. Swing trading is a short-term strategy that some traders use to potentially profit from price swings in a stock or...
by Jeff Williams | Jun 22, 2017 | Penny Stocks
Technical traders tend to use some transformation of a price series to indicate potential entries and exits in a stock. That in mind, this could remove some noise and help to develop a clear rules-based approach in trading, which is one of the most important aspects...
by Jeff Williams | Jun 19, 2017 | Penny Stocks
The set-up: A lawsuit pending against the company was dismissed last week, and two company insiders (including the CEO) were buying the stock, creating some interest in SRNE from a fundamental point of view. On the technical side, the stock was pushed past both its...
by Jeff Williams | Jun 13, 2017 | Penny Stocks
Why some people will be trading it today: Dead-cat bounce investors are on this stock, which rallied Monday after a huge drop on Friday sent it from $9.30 to $2.77. Yesterday’s gap up was people pouncing on the bounce, and it paid off as the stock ran all the way up...
by Jeff Williams | May 1, 2017 | Penny Stocks
Remember the new in Ocwen Financial Corporation (NYSE: OCN) a few weeks back? Well, the U.S. CFPB sued Ocwen Financial over errors in mortgage servicing under two weeks ago, causing the stock to lose over 50% of its value. However, the stock rebounded after it...
by Jeff Williams | Apr 20, 2017 | Penny Stocks
Ocwen Financial Corp (NYSE: OCN) shares were down over 50% today, after the U.S. Consumer Financial Protection Bureau sued OCN and its subsidiaries, alleging the mortgage servicing company had “years of widespread errors, shortcuts, and runarounds cost some borrowers...
by Jeff Williams | Apr 13, 2017 | Penny Stocks
SkyPeople Fruit Juice Inc (NASDAQ: SPU) shares were down over 40% today, after the company filed an SEC Form 8K. Now, the company announced that it entered into a definitive agreement with institutional investors to purchase shares of common stock, which would have...
by Jeff Williams | Apr 12, 2017 | Penny Stocks
China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) shares ended the day up over 40% after it announced its unaudited second half and full year 2016 financial results. Moreover, the company announced its agreement to sell some certain Beijing real estate assets for...
by Jeff Williams | Mar 27, 2017 | Penny Stocks
2017 seems to be a special year for the stock market. All the three main stock indexes – Dow Jones, S&P 500, and NASDAQ – have updated their records again and again. In February, we had the ‘Trump rally’, which was a reaction of the stock market to Trump’s tax cut...
by Jeff Williams | Feb 13, 2017 | Penny Stocks
When you see that the share price of penny stocks is expressed in a few dollars and sometimes even cents, the temptation to buy as many shares as possible is quite natural. But…is penny stock trading actually worthwhile? For those who are not familiar with the...
by Jeff Williams | Feb 9, 2017 | Penny Stocks
When it comes to over-the-counter (OTC) stocks. there is a ton of misinformation. Some will tell you to avoid them altogether, but that’s simply bad advice when you realize the pros and cons of trading them. In fact, as an active trader, you should always be on the...
