Stocks pulled back from record highs Tuesday, with all three major U.S. indexes down over 1% through early afternoon trading. The drop followed the release of disappointing July retail figures, with sales down 1.1% from June. Headlines point to Delta variant concerns, but restaurants and b
Dogecoin (CRYPTO: DOGE) investors should soon expect to dive in for another major downturn. What Happened: According to a recent AMBCrypto technical analysis, Dogecoin's price rested on support located in the $0.28 area and its 12-hour 200-candle simple moving average.
Sonnet BioTherapeutics (NASDAQ:SONN) stock is taking off on Thursday and investors can thank retail traders on social media for pumping it higher.
SONN stock has been called out by several accounts on Twitter (NYSE:TWTR) as a strong short squeeze target. This has drawn in retail investors looking to pump the stock higher for profits. That movement started this morning with the company leading our pre-market winners.
Before you go investing in SONN stock, I have to point out its penny status. Even with the major gains today, the company is still only trading around $1.76.....More>>>
Not all profits have to be made off the big names like Apple Inc. (NASDAQ: AAPL) or Amazon.com Inc. (NASDAQ: AMZN). While those big names tend to dominate the headlines, the smaller, often overlooked companies can land the same – or even bigger – gains.
Chris Johnson, Quantitative Specialist for Money Morning, views penny stocks as the perfect plays for these big moves. “I’m talking shifts of 100%, 200%, 300% in a matter of days,” says Chris.
And right now, there’s one such penny stock that could rocket 177% higher.
The S&P 500 and the Dow Jones Industrial Average are trading near all-time highs. Interestingly, this is despite September’s and October’s reputation for being tough on the markets. Most stock market crashes have occurred during October. With a potential widespread correction looming, investors are taking a chance on penny stocks.
Fears of inflation are running high. Then, there is the increasing tension between the U.S. and China. And to add fuel to the fire, we have the recent turmoil in Afghanistan. Understandably, an investor might be squeamish about adding new stocks....More>>>
After touching all-time highs of $64,800, Bitcoin (CCC:BTC-USD) witnessed a sharp correction. It briefly traded below $30,000 before making a gradual recovery. However, the positive momentum seems to be gaining traction. Bitcoin is now trading near $50,000 levels. As this price rises, investors may see multi-fold returns in crypto-related Reddit penny stocks.
In the last rally for Bitcoin, Marathon Digital (NASDAQ:MARA) skyrocketed from lows of $1.48 to a high of $57.75. Similarly, Riot Blockchain (NASDAQ:RIOT) had a 52-week range of $2.35 and $79.50. I will not be surprised if more Reddit....More>>>
Presearch (CURRENCY:PRE) traded up 0.3% against the dollar during the twenty-four hour period ending at 12:00 PM ET on October 3rd. Presearch has a market capitalization of $12.37 million and approximately $28,704.00 worth of Presearch was traded on exchanges in the last day. One Presearch token can currently be purchased for approximately $0.0798 or 0.00001230 BTC on major exchanges including YoBit, HitBTC and CoinExchange. Over the last week, Presearch has traded 12.3% lower against the dollar.
Here’s how other cryptocurrencies have performed over the last day:
INT Chain (CURRENCY:INT) traded up 4.1% against the dollar during the 24 hour period ending at 22:00 PM E.T. on September 5th. INT Chain has a total market capitalization of $10.81 million and approximately $889,058.00 worth of INT Chain was traded on exchanges in the last 24 hours. In the
For months, biotech companies and government officials talked about eventually needing a coronavirus booster vaccine. Now that the delta variant accounts for 98.8% of new U.S. infections, the possibility of wheeling out a booster is more real.
Novavax (NASDAQ:NVAX) stock could trade in the $100 billion market capitalization range like BioNTech (NASDAQ:BNTX) or Moderna (NASDAQ:MRNA). Except, unlike those companies, Novavax has not yet delivered.
HEX (CRYPTO: HEX), a cryptocurrency associated with a project that claims to be the first blockchain certificate of deposit, has soared in market capitalization ahead of Cardano (CRYPTO: ADA), Solana (CRYPTO: SOL), and Dogecoin (CRYPTO: DOGE), if CoinMarketCap data is to be believed.