Hot Stocks to Watch: OPHC, CVO, SEED, IVN, ADY, URI, KNOL

Wall Street signStocks are trading lower this morning as a couple of large tech companies drag the indices lower. Investors were also disappointed to see that the minutes from the Bank of England showed only one member of the Monetary Policy Committee supported another round of QE.

Intel shares fell this morning despite the company posted earnings that beat earnings and revenue estimates. IBM is also trading lower today as their revenue came in slightly lower than analyst estimates.

The Dow is down 30 points right now, the Nasdaq is down 2 points and the S&P 500 is down 2 points. [Read more...]

Penny Stocks Trading Higher in Mixed Market

Wall StreetA mixed bag on the street. Lowered expectations for Citi had the company beating the lowered bar. The company has had pretty much every advantage via bailouts etc and still has a flat quarter. Sellers have targeted Apple today which is dragging the Nasdaq lower.

In penny stocks you are starting to hard the rumblings of the next big promotional stock. Whether or not it goes for the moon like LEXG or crashes and burns like the others remains to be seen. The timetable for it is still unknown but the chat-rooms and message boards are abuzz with ‘soon’. [Read more...]

Hot Stocks to Watch: OPHC, NEWL, MFRM, PWAV, WFR, FFN, PCX

Wall Street signThe bulls are back in town. Nothing like an earnings beat to shake off the pessimism. At least for the moment. Alcoa earnings beat shows that the world may finally be entering into a sustainable recovery. It should be noted that the volume is light today, so the rally lacks real conviction. More is needed to show that the market really wants to push higher.

Across the pond, investor sentiment was lifted when it was reported that the ECB could resume its bond purchasing program. Yields on Spanish and Italian debt declined helping to boot the overall market.

The Dow is current up 93 points, the Nasdaq 31 and the S&P 12. [Read more...]

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