The stock market is continuing its stretch of volatility and shows no signs of easing. The announcement from Ben Bernanke today did nothing but bad things to shake the confidence of investors. With the TSX sitting at around 11,500 there are little indications to show support to move higher.

Naturally the overall stock market isn’t always an indicator of success in penny stocks but it’s good to get the big picture too. If you’re looking to find an industry with penny stocks that have potential to go higher, check out Uranium mining companies. Uranium has remained at low prices although the demand for nuclear power is increasing. The supply and demand will only mean good things.

There is a stock filter feature at globe investor that will help you drill down to a list of stocks you might be interested in. Check it out.

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