Casino stocks with exposure to Macao took a nosedive on Tuesday after a few announcements from the government. One was that COVID-19 cases are on the rise in the Chinese province of Fujian and that could result in fewer visitors to Macao. More concerning is potential government r
Excitement over meme stocks has been effective in helping to send biotech penny stocks on wild moves higher. But as that trend continues to fade, names in this category are going to lean more on company-specific catalysts to move the needle. Those catalysts will include progress and updates regarding their candidates in the pipeline for Food and Drug Administration (FDA) approval.
It’s approval itself from this regulatory agency that enables these new therapies, treatments, and vaccines to become available for sale in the U.S. That’s why biotech investors watch these developments....More>>>
There have been plenty of improvement in key economic indicators of late. Core inflation has found calm while the jobs market is recovering, which has inspired a positive outlook from most analysts. As a rule of thumb, smaller-cap stocks and penny stocks perform well during periods with a positive economic outlook.
I’ve thus decided to sift through and pick a few penny stocks for investors who’re seeking to take full advantage of the market sentiment. I went into my search with the goal of finding seven penny stocks that provide solid prospects with reasonable risk-reward....More>>>
The recent unemployment claims in the U.S. have hit another post-pandemic low. That’s bullish news for the economy. And it’s bullish news for quality penny stocks as well.
Let me clarify what I mean by penny stocks. These aren’t tiny stocks that trade for pennies like the junior mining stocks of the 1970s and 1980s. Or the odd pump-and-dump stocks that were all over the markets before 2008 washed them all away.
The penny stocks here are quality companies with real businesses and market caps that are in the 9- to 10-digit range. They’re fundamentally, low-priced,....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>>>
Oil futures saw subdued trade early Monday, threatening to give back some of the previous week’s gains ahead of a conference call between members of a committee monitoring the agreement between OPEC and non-OPEC producers on output levels.
West Texas Intermediate crude for October delivery
Real estate investment trusts (REITs) have been stellar performers so far in 2021. The real estate sector's roughly 30% total return (price plus dividends) through the end of August easily beats the 21%-plus return for the S&P 500 Index.
Now that we are a few months removed from the start of meme stock mania, the time is ripe to make an objective assessment of some of the major heavy hitters. For instance, Naked Brand Group (NASDAQ:NAKD) stock benefited greatly from the momentum earlier this year and has a one-year return
Brother and sister Hassan and Shara (not their real names) came to America as children of immigrants. Their family settled in a suburb of Detroit. Their parents struggled to provide the necessities of life, with their mother staying at home, as was the tradition, and the
There's no perfect age to begin collecting Social Security, but many people are waiting until age 70 because of benefit-boosting, delayed retirement credits. If you're filing for Social Security at age 70 this year, then those credits are going to result in a monthly Social Security paymen
Wambolt & Associates LLC boosted its position in AbbVie Inc. (NYSE:ABBV – Get Rating) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,401 shares of the company's stoc