Canadian Penny Stocks Blog

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 [...]

Investing can be a tricky game of big wins and big losses.  Controlling your emotions and money management are essential in any investing regiment.  However, investing in penny stocks can add even more elements to recognize in yourself, your trading patterns, and the companies you’re purchasing.  If you have any rules that you use please [...]

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 [...]

As traders we’ve chosen an intense profession, one with a very high potential for stress. The simple act of putting our money on the line, with an uncertain outcome, creates an emotional force which we need to know how to handle. If we don’t, the emotional excitement of fear, euphoria, anger, disappointment, and other intense [...]

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 [...]

We’re likely going to be looking at lower opening Monday so keep an eye out on deals on resource stocks. I’m going to be examining some existing positions tomorrow so they will be my focus on what I’ll be looking at tomorrow. UW.V – $2.20 HGC.V – $0.39 Do you like these picks?  Have a [...]

Since I’ve featured this stock it has risen 82% and they continue further phases of testing so I expect this stock to continue higher.  They are in the enrollment phase of their clinical trials for their stroke treatment.  There continues to be acceptable levels of volume being traded and provided that this continues I would [...]

You can reach your retirement goals a lot faster as a result of the fantastic new savings vehicle for Canadians called the Tax Free Savings Account (TFSA).  But how can the TFSA be this truly great opportunity and how does investing in penny stocks fit into this type of account? What is a Tax Free [...]

Yesterday’s picks had some pain today, but I do expect them to be solid plays in the longer term.  The TSX got hit downward today on gold and oil.  Gold dropped significantly and I’ll be looking more closely at analysing spot gold prices technically over the weekend. Another feature to look forward to here at [...]

Another quickie here.  On a sad note, the first losing day here on the Canadian Penny Stocks Blog. Yesterday’s Picks: WND.V – $1.23 – $1.21 (-1.63%) NGG.TO – $0.19  – $3.37 (0.00%) What I’m watching tomorrow: ML.TO – $2.07 SAB.TO – $1.75 In under thirty words. Technorati Tags: canadian penny stocks, Investing, Stock Picks, Trading