Tag: penny stock investing
Forget Hedge Funds, Invest In Penny Stocks!
You probably saw the recent lottery news. Three hedge fund managers won a $254 million jackpot. Hedge fund managers? Really? As if those guys need more millions Actually, buying lottery tickets might not be the worst hedge fund strategy after all. Most hedge funds (whose managers didnt win the lottery) lost money in November. In […]
This Market Is Hard To Read
Ive been following the markets for a long time. But, Im not sure I can remember a period where it was so difficult to guess where stocks are headed. Dont get me wrong in general, market direction is never easy to predict. But its harder now than its ever been. Heres the thing Theres so […]
Being Bearish Is A Good Way To Lose Money
A good friend from my floor trader days loves to bet against the market. Hes what youd call a Permabear. It seems like every time I talk to him hes predicting a correction or crash and its always just around the corner. It should come as no surprise hes usually wrong. In fact, hes lost […]
Is Europes Debt Deal Good For Penny Stocks?
Although today is Halloween, theres no reason to be scared of penny stocks. In fact, I think were about to see investors return to penny stocks in droves. Why am I so optimistic? In a word Europe. Just last week, European leaders were finally able to piece together a plan to deal with the regions […]
Can Penny Stocks Protect Your Portfolio From Disaster?
Youll often hear irrational exuberance used to describe investor behavior during the 90s. So what words can we use to describe the investors of today? Id go with risk averse. Now more than ever, investors are scared of the downside. And people are going to extremes to protect their investments from the possibility of heavy […]
Should You Buy Penny Stocks In A Struggling Economy?
With last Fridays absolutely dismal jobs report, it may seem like a double-dip recession is a foregone conclusion. At the very least, it seems clear the economy is not going to set any growth records anytime soon. When the August employment report shows zero job growth, its hard to be optimistic about the future. And a bleak […]