Canadian Penny Stocks Blog

Hello everyone!
Another week and more profits should continue as strong resource prices should see TSX above 12k.  That’s great news for most investors out there.  This past weekend has seen the Canadian Penny Stocks blog putting some finishing touches on its first little e-book.  It’s a teaser of what’s to come and what has been [...]

It looks as though the Bank of Canada has decided to stand firm with interest rates at 0.25% but that rate hikes are likely to occur in June.  It’s one of those good news bad news type situations, but it’s really in the economies best interest to see these rates rise and stimulus slowly removed [...]

Nice day on the TSX with more green to start off March and the new week all at once.  Today’s focus will be on the volume makers of the Toronto Venture Exchange.  Volume doesn’t always mean big moves in prices, but it can mean that there is a lot of interest in the stock so [...]

The TSX had a great week overall, although not so sure that will continue on into this week.  We’re going to be looking at weaker gold prices, as more investors continue to pick up the US dollar in response to their increasing the discount rate.  That doesn’t mean that penny stock companies will necessarily be [...]

It was a strong day on the overall TSX and indications are that the rally will continue for at least another day.  We’ll be keeping an eye out for gold prices since it’s again trading over the $1100 which is great for a lot of small cap resource stocks out there.  I also tweeted about [...]

Going to be a quick update of the previous picks. The Canadian Penny Stocks blogger has been busy not posting and getting ready to release some great material on investing in penny stocks. It’s going to be an expanded version of the 10 Rules For Penny Stock Investing. You know the rules, [...]

A serious week of ups and downs on the stock market the past week. In a previous post we had talked about bouncing off of support levels which the TSX indeed did and continued upwards however midway through the week the bounce off of support ended and back down the markets went but on [...]

The big news coming out Wednesday will be with Apple. Not much in the way of a penny stock investment but it will be a great gadget and likely make it on to my must have gadget of the year, so I’m looking forward to the announcement. In other, non-penny stock related news, [...]

It’s been quite a busy time over at the Canadian Penny Stocks blog. Researching some stock ideas and studying up on some investing techniques that will hopefully profit the writer (and readers) of this blog. For now, here are two companies that you might want to look at:
First Gold Exploration Inc. EFG.V – [...]

A seriously rough day again on the stock market. Gold was below that technical 1100 for most of the day however was able to close above 1100 to maintain the daily support level. That’s good news for gold but I’m not entirely convinced that the negative market sentiment is done yet. After [...]