Goooooooooood O’ Morning Y’all:
Hope everyone is having a great start and end of the trading week. Today is Friday and lots of press releases about company’s earnings in Penny Stocks are being posted this pre-market. These earnings for penny stocks aren’t important to me, because they mean nothing in the penny stocks world. Hype, volume, rumors are key when it comes to trading penny stocks. I’ve seen companies post earnings with 100, 200, and 300 precent gains during their year but yet they fall and close in red. Nonetheless, they still will be on watch, because I can’t ignore top lead gainers during intraday.
The most exciting thing am looking forward today, and the following days to come are my chart patterns that are testing their support. Here I will post updated and new witchiest for chart patterns that am currently long and adding at support.
Here is iTwitsTrades Today’s Watchlist:
$DPW (DPW Holdings’ subsidiary Super Crypto Mining enters into an agreement to purchase another 1,100 mining machines)
$NETE (Today’s Research Reports on Stocks to Watch: Tech Data Corporation and Net Element)
$TXMD (TherapeuticsMD Announces FDA Acceptance of New Drug Application (NDA) and Prescription Drug User Fee Act (PDUFA) Date for TX-001HR)
- $IDXG W/ recent upgrade rating PR plus its inside a beautiful squeeze w/ major support of @1 break of 1.11 could lead to its next leg up. On high watch. Only concern is the float @26M EPS on 3/29
- $TTPH 48M in float, break of 3 will be long and take a small position and hold. Lots of room to the upside and major support @2.5 area.
- $OHGI low float 3m only that could run fast, on high watch for the break of 1.25 next break resist @1.55 could see its next big spike. EPS on 3/29
- $AEMD is a gainer sleeper w/ +8% gain intraday testing its major resist @1.85 and 15M in float. On watch for that resist break that could lead to nice gains. Very Bullish on daily and could break it soon.
Today’s Market Briefing by CNBC:
Futures were higher this morning, possibly extending the gains seen Thursday. The Dow, S&P, and Nasdaq are all on pace for their third positive week in four. Meanwhile, the bull market turns 9 years old today, the second longest in history. On March 9, 2009, stocks halted their financial crisis slide. (CNBC)
Whether Wall Street sees a higher open could depend on the data from the all-important nonfarm payrolls report for February, due out at 8:30 a.m. ET. Investors will be paying close attention to average hourly earnings and the unemployment rate. (CNBC)
Today’s Pre-Market Gappers:
Today’s Pre-Market Press Releases Scan:
Yesterday’s Overall Market:
Yesterday’s Top Gainers and Losers:
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