Canadian Penny Stocks Blog

Lots of downward pressure going on with possibly more to go.  If you have cash, I’d hold on a little more.  It might be a good time to look at that portfolio of yours to see if the stocks you’ve purchased are still holding up to the reasons that you bought them for.  If so, [...]

WPX.V – $0.45 NRI.TO – $0.37 Technorati Tags: canadian penny stocks, Investing, Stock Picks, Trading

Hope everryone was able to get out to see some fireworks, enjoy some sunshine and maybe a fine wine, or a nice beer.  It was a great couple of days to get away from the internet for a bit.  I hope that you enjoyed the video interlude while we were gone. Let’s get back to [...]

It was Madoff mania today! More reason to invest for yourself rather than trusting your money to others. No one cares about your money more than yourself! Mercator Minerals moved higher today but closed even at the end of the day. It’s still channeling in around the $1.40-$1.45 range. If if falls out of the [...]

After a dip in the pool, some BBQ, and a quick trip to the beach, the weekend is over and we’re back at the investing game. For a couple of days at least. The author behind this blog is planning a little vacation from Wednesday through to Sunday so for the latter half of the [...]

Looks like today brought a lot of pain to a lot of people.  The World Bank announcing a downward forecast of the 2009 world economic growth numbers and a slower recovery to 2010.  This drove the TSX down a whopping 453 points.  Many people believe that this could be a fundamental shift back downwards as [...]

Let’s take a quick look at the picks. I’ll have a chance to do a little more research on the weekend and have a few more ideas for trading next week over the weekend. Yesterday’s Picks: UW.V – Open $2.47 – Close $2.40 (-2.83%) NGG.V – Open $0.19 – Close $0.19 (0.00%) So UW.V was [...]

Big time apologies for not making the picks yesterday.  Sometimes beer just needs to be drank.  I hope you understand. On Wednesday I had talked about falling through that 10,200 level on the TSX, which when it did, fell precipitously.  The recovery today didn’t make it back up past that level which means that the [...]

Another bloody day on the markets. I wonder if they will continue in this downward trend. Let’s a take a look at a 3-month chart and do some very simple analysis on a 3-month chart of the TSX.  Clearly, there is a channel upwards, however today’s close is coming close to falling out of the [...]

The futures weren’t wrong today with the TSX taking a big dive today. Tomorrow will be an interesting day to watch how markets react. If there’s another down day on the stock markets, it could be establishing a trend that could be taking us downwards to sub 10,000 levels. We do have a crossover of [...]