I am currently watching ZNGA for one of the patterns I look to trade. I call it a bottom reversal breakout. It has been setting up on the daily chart quite nicely and the pattern could be completed soon. I don’t like to provide trade alerts in general because I find people don’t benefit from …
VISN is a crazy penny stock that spiked up from $2.00 to $18.00 in just a few days. Although these types of stocks do not occur every day, they do occur more than you would expect. The key to trading erratic low float stocks like VISN is to have a plan and stick to it. …
PCWT – Just When You Thought APS Was Down For the Count… So a couple weeks ago I wrote a post how a big promoter was coming out of their summer slumber which should have been PCWT. At the time I was expecting a new fresh play but they ended up going with PWEI. PWEI …
NNRX was a stock that started to rise due to speculation it was going to be one of the next big promoters pumps. The stock had a nice run from $.93 to $1.49 and then an epic plunge. Usually, stocks rise after a stock promoter releases their pick on stock but in the case of …
Do You Like Awesome Penny Stocks? I haven’t posted in a while about many awesome penny stocks because the summer in the U.S. is really the down time for the stock market and especially the penny stock market. Now that labor day is over historically speaking the market usually comes back to life. In general …
SPY or the S & P 500 ETF (exchange-traded fund) is an aggregate of all big board stocks since all stocks are correlated to SPY. I use SPY as a gauge of market sentiment and short and mid-term market direction. Although penny stocks do not follow the market as much, they do follow it to …
ACCS – One of the Worst Promo’s But So What? ACCS could go down as one of the worst stock promotions by a premier promoter but it was not a surprise to me. Mainly this is because when the overall market is really red, penny stocks sometimes get annihilated even though for the most part …
Big Win For Retail Penny Stock Traders This is great news for penny stock traders. FINRA has finally stated crooked OTCBB market makers can no longer hold peoples orders for more than 10 seconds instead of execute trades like they should be doing. This is the beginning of a very profitable time in history in …
Knowledge and experienced-based guessing are what results in a positive expectancy in the market and in trading hot penny stocks. I have a statistical edge because of this but you must understand what that actually means. It does not mean I make money every time and it does not mean it will work forever, but …
MULI – A Quasi Fake Out On This Stock Promotion This morning one of the worlds greatest stock promoters (or potentially former great promoters) released MULI as their alert. This promoter hasn’t released many promotions in recent months and their last couple haven’t been too great so I went into it not expecting much. Today …