TM Editors’ Note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
As of 04:26 A.M., EST, the US Stock Futures for the DOW pointed south -24 points. The S&P also pointed lower by -4 points. The NASDAQ points lower by -1 point as well. As of yesterday’s session, here were the following closing levels: DOW – 18029.85; S&P – 2099.68; and NASDAQ – 4906.36.
A look at the foreign markets indicates the Nikkei 225 index consistently rose gaining +65 points to end the session at 18264.79. The Hang Seng also tacked on +47 points to finish the session @ 24832.08. The FTSE 100 index is currently down -12 points reading 6885.40. The CAC 40 is also down almost -2 points to 4797.36. The German DAX is down almost -6 points, as well, coming in at 10955.68.
Oil continued its plummet down 2.12/barrel to 50.02. Crude continues to slide as investors and analysts lower their hopes for the black gold. Oil stock prices continue to remain attractive for investors.
The precious metals are basking in the glory of green so far with Gold up 18.20/oz to 1221.20 and Silver up .33/oz to 16.69. Platinum is up 13.70/oz to 1181.90 and Palladium is also up .90/oz to 778.50. The safety of the precious metals always gives investor that needed security. With all of the news to be released today, some investors feel the metals are the way to go.
The markets will digest a host of information from various sources today regarding stats. Today, we’ll see jobless claims, the consumer comfort index, the Philly Fed Survey, Leading Indicators, the nat. gas report and petroleum status report, along with the Fed. Balance Sheet and Money Supply @ 4:30PM EST.
Keep an eye on markets as there is expected to be activity. Also SMM is watching plenty of HOT Penny Stocks! The Marijuana Sector continues to heat up and Cannabis and Hemp Stocks begin making their moves. Stocks like THCZ, GRCU, ERBB, HEMP, CBIS, MJNA, PHOT, and VRCID remain on our watch list.
