Canadian Penny Stocks Blog

Overall negative performing week on the Toronto Stock Exchange, based a lot of the political instability of the Arab world. There are many Canadian resource companies operating in Libya for example that have been hit hard by these events. But for now we just hope that the loss of lives ends and there can be [...]

A great overall week in trading Canadian markets. Most people holding on to their index funds must be happy to hear the news that we’re now trading at levels pre-recession. But we’re also hearing talk that it’s been too much recovery too fast on the stock market and the fundamentals don’t support the price. The [...]

Hello everyone and welcome to another penny stock review post! This past week was a mixed bag performance on the markets with the week ending markedly lower. From a technical perspective the markets can still handle a few hundred points slide before hitting support levels, so the rough times may continue. As for our penny [...]

A great week to be an investor in Canadian stocks! A strong performance overall for the week, just a bit of a downer on Friday but nothing to worry too much about. Very interesting to look at the prices of the stocks that were mentioned last week. The green certainly out-weighing the red. There will [...]

With an overall positive performance ending out the week, how did you do? The interesting story this week was the performance of gold. It looked like gold was trying to push through support levels and succeeded, if only for a day on Thursday. It strongly shot back up on Friday so the price of gold [...]

There’s been a lot talk around gold lately, but where is it going to next? The price of gold has come off of hits all-time highs and has many people looking to find support while others saying it’s the end of the gold bull run. They say it takes both sides to make a market [...]

Another week of trading in the books. Were you actively trading or holding on through the fairly volatile on the Toronto Stock Exchange. There were some interesting things happen in the past little while. Steve Jobs taking another leave from Apple, Larry Page taking over as CEO of Google, and Jim Flaherty introducing tighter rules [...]

If you’ve spent some quality time watching BNN like I have you will often notice that the advisors that they often have on their programs will disclose whether or not they own the investments that they’re talking about. This is an important thing to consider and is even more important when you look at penny [...]

This week’s recap of penny stock ideas brings up an essential foundation in any investment philosophy. And it’s always good to go back to basics even if you’re a seasoned pro. Just like the pros in baseball go for spring training, sometimes we as investors need to go back some basic lessons to keep ourselves [...]

Back in November we had discussed Belo Sun Mining, a mining exploration company that had a nice run up from $0.41 to $0.82 which was a tidy double in price. They had some attention in the media at that time as well so it was worth mentioning. Now what are they up to? The most [...]